Congress’ dithering over President Trump’s “Big Beautiful Bill” has the potential to make life difficult in the coming months – by possibly spiking interest rates, On The Money has learned.
Most Americans don’t appreciate all the ways our elected officials have saddled them with trillions upon trillions of dollars in debt.
The national debt stands at around $36 trillion, and needs to go higher to pay for all the stuff the House didn’t cut in passing the buck to the Senate. Until Congress crafts a budget and amends that annoying law known as the debt ceiling, Treasury Secretary Scott Bessent has been tapping something known as the Treasury General Account. Jack Forbes / NY Post Design
Until Congress crafts a budget and amends that annoying law known as the debt ceiling , Treasury