Due mostly to the Republicans reckless tax giveaway to the rich, the U.S. government is short on revenue. A lot of it. To help pay the growing monthly bills the United States government needs to borrow almost $300 billion this week. This is the most we've had to come up with since the 2008 market collapse, when the Bush administration (i.e. the Federal Reserve) had to find $1 trillion in one week to help keep the banks and Wall Street afloat.
So, are we tired of all that winning yet?
- Mark
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