In January 2020, the CBO estimated that gross federal debt would not surpass $37 trillion until after fiscal year 2030.
  • finitebanjo@lemmy.world
    1·
    7 hours ago

    Lmfao yeah ok pal, the banks are going to start denying the federal government loans. Yeah right. I bet the Fed won’t even use their authority to set bank interest rates as a response, will they? Or maybe all the banks will just stop giving out all loans forever? What a crock of shit.