The government isn’t spending money it doesn’t have. It does spend money it borrows from lenders. The lenders think it is a relatively safe investment since they keep lending money to the U.S. government.
I’ve been hearing doom and gloom about the deficit for 50 years. It primarily occurs when a Democrat is President and subsides when a Republican is President. This not a reference to OP. I state this to try to give some perspective to those who read this.
I’ve been hearing doom and gloom about the deficit for 50 years. It primarily occurs when a Democrat is President and subsides when a Republican is President. This not a reference to OP. I state this to try to give some perspective to those who read this.