A $4 Trillion Spending Splurge to Bankrupt America

31 May 2023

President Joe Biden and Speaker of the House Kevin McCarthy are each loudly proclaiming victory in the deal they finally struck this weekend to raise the debt ceiling. MARCUS: Let’s be honest: this 11th-hour compromise was as inevitable as it is depressing, with no real winner, and just one big loser – the American people.

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