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Debt Ceiling, Trump’s Problem & the New 119th House of Representatives
Let’s start the new year with an update and a math correction. But first, please remember that this commentary is released for a Sunday publication date on the Thursday before the Friday start of the new 119th House organization for the new Congress. As I write this, I do not know the outcomes for Speaker Johnson,…
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Fishing for Fed’s Independence
(The following was first published on The Kotok Report website and via LISTSERV. For details, visit https://kotokreport.com/.) First, I want to wish all readers the very best and safest holiday celebrations. Our Congress celebrated, too, by giving the United States an added cost of about $50 billion a year in the nation’s interest rate burden. I will…