True, but that $1.3 trillion omnibus bill a month or so ago kind of negates all that.
We borrowed around $448 billion in Q1, on track to borrow some $2 trillion this year.
And borrowing costs are not going down anytime soon either.
WRONG!
That omnibus bill was for around one trillion for seven months.
The government was out of funds and the bill gave us funds for seven more months. At the end of that bill, another bill would have to pass providing mor funding.
In recent years we have been spending around $3.65 trillion per year.
Tell me how $1 trillion over seven months is a higher rate than $3.65 trillion per year. In fact it’s a rate of about $2 trillion per year.
Nothing wrong with that.