by Summary:
Still requires approval but current form would suspend until January 2025 … after next presidential election… good riddance…For the curious, here’s the part on how the suspension of the debt limit will work.TLDR: Treasury will again be able to use measures to delay hitting the debt ceiling come 2025. https://t.co/tZY41wWvWY pic.twitter.com/mkNsCUvi04— Justin Slaughter (@JBSDC) May 28, 2023
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Still requires approval but current form would suspend until January 2025 … after next presidential election… good riddance…For the curious, here’s the part on how the suspension of the debt limit will work.TLDR: Treasury will again be able to use measures to delay hitting the debt ceiling come 2025. https://t.co/tZY41wWvWY pic.twitter.com/mkNsCUvi04— Justin Slaughter (@JBSDC) May 28, 2023
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Mike Norman writes Trade deficit
Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025
New Economics Foundation writes What are we getting wrong about tax
Sandwichman writes The more this contradiction develops…
Still requires approval but current form would suspend until January 2025 … after next presidential election… good riddance…
For the curious, here’s the part on how the suspension of the debt limit will work.
TLDR: Treasury will again be able to use measures to delay hitting the debt ceiling come 2025. https://t.co/tZY41wWvWY pic.twitter.com/mkNsCUvi04
— Justin Slaughter (@JBSDC) May 28, 2023