The U.S. Debt Ceiling Drama Continues

We’re back to discuss the ongoing battle over the debt ceiling in this episode. We’ll review recent federal budgets and expenses and compare these numbers to recent history. We’ll also dive into the impact of the COVID-19 relief spending, address some concerns about inflation, and share our thoughts about this situation as a whole.

 

Here’s some of what we discuss in this episode:

• What’s the recent debt ceiling update? (3:26)
• What’s driving the debates around this topic and what may occur in the next week. (5:35)
• U.S. spending since the pandemic. (7:28)
• Getting this spending back into check. (9:54)
• What is the "Fear Index" and how does it relate to all of this? (13:55)
• How people are spending money outside of Washington. (17:57)

 

Get in touch with Don and learn more: https://doncashpodcast.com/