Borrowing Just Got Pricier and U.S. National Debt Is a Big Reason Why

News Room
Dusan Petkovic / Shutterstock.com

Rep. Thomas Massie was one of only two House Republicans to oppose the party’s tax bill, warning it was a “debt bomb ticking.” As he put it, Congress may use “fantasy math,” but bond investors won’t. According to analysis highlighted by CNBC, the bill could add between $3.1 trillion and $3.8 trillion to the national debt over the next decade, based on estimates from the Committee for a…

Read the full article here

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *