Comments by "Jay M" (@jaym9846) on "House Speaker McCarthy on debt ceiling deal: This was a turning of the ship" video.

  1. Even after borrowing $31,400,000,000,000 ($6T from foreigners including China), US gov ran out of money to pay bills. With the 'Fiscal Responsibility Act', gov can now borrow as much as needed until Jan 1, 2025. It currently cost US gov ~5.1% to borrow for 1 year. Like most Americans, US gov is broke.
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