What exactly is the deal? What I saw looked decent. But I’ve seen so many contradictory reports on what the agreement is.
What do you think the agreement is?
“What exactly is the deal?”
Biden can pay out the 2020 election $10,000 (and $20,000) student loan bribes as promised unless the Supreme Court says he can’t.
The 1% discretionary spending growth is based on 2023 spending instead of 2022 spending
Homeless people won’t have to work to get SNAP benefits (even though they don’t have to pay for rent, a mortgage or property taxes).
Other adults under age 51/53/55 will have to (try to get) work in order to get SNAP benefits starting in fiscal years 2023/2024/2025.
The debt issue authorization limit is waived until the next Congress in 2025. Four trillion of new debt is expected to get issued.
[Fannie Mae, Freddie Mac and the FDIC are on the edge - may be $5 trillion or $6 trillion.]
Student loan payments will be due again after 60 days (for the loans Joe Biden will not write down to $0, which is about half of them).