You are viewing a single comment's thread from:

RE: LeoThread 2025-12-01 18-22

in LeoFinance2 days ago

Part 2/6:

He bluntly stated that the bill would significantly increase the national deficits in the short term, while promising that the government would become fiscally responsible in five years. Pointing out the recurring skepticism around such promises, he questioned how future Congresses could be bound by commitments made today, especially when political realities often change. He warned that this legislation is essentially a "debt bomb ticking," highlighting the pressing danger of unchecked borrowing.

Moody's Downgrade: A Signal from the Markets