Saturday, May 20, 2023

Trump to GOP House on debt ceiling: Hold the line

 

Trump wants “the kitchen sink!”…





4 comments:

Peter Pan said...

And Charlie Brown wants to kick that football...

NeilW said...

Going to be a hell of a trade in Certificates of Indebtedness at this rate.

The general trick here will be to leave matured Bonds, Notes and Bills as C of I, at which point they will start to float to a discount against Fed dollars.

At which point they can be bought to settle tax bills.

And that's how bond owners will convert into Fed cash.

Joe said...

When have the dems ever held the line?

Matt Franko said...

They held the line in 2020 when we needed more Covid compensatory fiscal policy and they wouldn’t do the Trump 1T deal until after the election…

F’d us all for their Democrat political purposes…