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Low Expectations
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Low Expectations

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The Credit Strategist
Jan 09, 2024
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Low Expectations
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Congress appears to have again met low expectations by reaching agreement on discretionary spending limits for fiscal 2024. Spending will remain at $1.59 trillion as specified by the ludicrously titled Fiscal Responsibility Act agreed to by former Speaker Kevin McCarthy and President Biden in May (which cost McCarthy his speakership and led to his depa…

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