Re:U.S. GDP grew at a 4.9% annual pace in the third quarter,...
by landemva on Thursday October 26, 2023 @10:58PM
(#38034211)
You are correct that Republicans only talk about the deficit. When it comes to financing more deficit spending, the House Rs keep passing debt limit increases and CRs to kick the can down the road. Yes, it is all talk and the actions are more spending.
Debtors really don't care about the deficit. There's not a lot of places to park large quantities of cash. Even if the US Treasury was offering a measly 1% most bond buyers would still take that over any higher yielding riskier debt. It still confounds the typical US taxpayer that other countries buy our sovereign debt because that is how they insure their currency.