There is no budget. Budgets are based on a financial constraint. The government just spends money and the federal reserve adds the zeros to the deficit. They claim the Chinese are buying the treasuries, but in reality, the Federal Reserve is just holding the debt on their books. That is why congress won't agree to audit the Fed. Their secret would be out.
There is no budget. Budgets are based on a financial constraint. The government just spends money and the federal reserve adds the zeros to the deficit. They claim the Chinese are buying the treasuries, but in reality, the Federal Reserve is just holding the debt on their books. That is why congress won't agree to audit the Fed. Their secret would be out.
"Continuing Resolution", "Omnibus" : to spend, spend, spend ...
"Continuing Resolution", "Omnibus" : to spend, spend, spend ...
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