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Podcast: The Dividend Cafe
Episode: The DC Today - Monday, June 5, 2023
Description: Today's Post - https://bahnsen.co/3qnOZyl
Ask David
“With regards to the debt ceiling compromise, you point out that it suspends the debt ceiling entirely through the end of 2024. What I do not exactly understand is if the spending growth has been capped, then why would an increase in the debt ceiling be needed at all?
~ Mark
The part you’re missing is revenue. We can reasonably know what expenses will be now, and they will be reasonably limited. So yes, that should take the need for much borrowing above a given ceil...