The last time I read about this subject the analysis revealed that the bonds were sold and part of the proceeds were used to pay down the deficit.
And I thought then what a sham. It’s like taking your credit card and paying your bills.At the end of the billing cycle, you may show a little extra in the bank. But where did it come from? Tax Revenue or Bond Sales?
RE: But where did it come from? Tax Revenue or Bond Sales?
Tax season was just 3 months before.