OT: Stock and Investment Talk
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INTC appoints new CEO and getting a nice bump after hours.
House Budget Allows At Least $2.8 Trillion of Deficit Increases | Committee for a Responsible Federal Budget
2025-02-21-The House of Representatives will soon consider a budget resolution for Fiscal Year (FY) 2025, which was reported favorably out of the House Budget Committee on February 13.
The House of Representatives will soon consider a budget resolution for Fiscal Year (FY) 2025, which was reported favorably out of the House Budget Committee on February 13. The budget’s reconciliation instructions pave the way for a bill that could add at least $2.8 trillion to deficits through FY 2034, or $3.4 to $4 trillion of debt including interest costs.
Your a broken record market is high. You say a great opportunity to buy. Market sucks it’s a great opportunity to buy. As much as you post you can’t possibly be buying much.
Treasury: $1.1 Trillion Deficit in First Five Months of Fiscal Year 2025 | Committee for a Responsible Federal Budget
The United States borrowed $1.1 trillion in the first five months of fiscal year 2025, including $307 billion in February, according to the latest
The United States borrowed $1.1 trillion in the first five months of fiscal year 2025, including $307 billion in February, according to the latest Monthly Treasury Statement from the Treasury Department.
The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget:
The Treasury Department confirmed today that we have borrowed a total of $1.1 trillion in the first five months of the fiscal year – or nearly $8 billion a day. What needs no confirmation is that we are almost halfway through the fiscal year and yet we have done nothing in the way of making progress toward getting our skyrocketing debt under control.
