Yeah, cutting the deficit just means not going as upside down as planned. Which is good, I guess.
The actual debt paydown would be something. I am skeptical when I see that's expected to and based on projections
The Treasury’s new projections, released in Washington Monday, show debt managers now expect to pay down $26 billion of debt in the April-through-June period. That compares with $66 billion in new borrowing it anticipated in January, and would mark the first quarterly paydown in six years.
These things often disappear when push comes to shove.
https://abcnews.go.com/Politics/biden-touts-economic-growth-debt-deficit-reduction-ahead/story?id=84492487
and
https://finance.yahoo.com/news/u-treasury-now-sees-26-190000450.html
Yeah, cutting the deficit just means not going as upside down as planned. Which is good, I guess.
The actual debt paydown would be something. I am skeptical when I see that's expected to and based on projections
These things often disappear when push comes to shove.
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