I hear a number like 160B, about 2/3 of a point. Government interest charges likely to jump 3% on the news, in an environment where congress is trying to eke out a 5 point growth in programs over the year.. Our political heroes in the Swamp have to watch their favorite programs closely in this environment.
Most of the budget was continuing resolution, congress wants the discretionary. Discretionary spending gets pushed out a bit when charges rise, flood recovery takes priority. Congress has to run the midterms with fewer local projects.
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