The Sound and The Fury

The Credit Strategist Blog

May 29, 2023

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After claiming he wouldn’t negotiate over the debt ceiling, President Biden negotiated over the debt ceiling and reached a deal with House Speaker Kevin McCarthy on Sunday that kicks the can down the road until January 1, 2025 (after the 2024 election which is already incredibly tedious before even beginning).

This means that the federal debt, which is…

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