Tag: Floated

Budget Deal Being Floated Does Little to Curb Spiraling Debt

In May 2023, when then-Speaker of the House Kevin McCarthy negotiated a debt limit deal that included spending limits, the gross national debt stood at just under $31.5 trillion. Conservatives in the House were deeply upset about the debt deal, which contained fraudulent gimmicks to get around the announced spending limits. Less than eight months […]