First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2023/06/02/govt-debt-accelerates-as-asset-managers-grab-silver-002751
Well, after months of political melodrama, Congress finally did what it was always does in the end – and that is to authorize more deficit spending. On Thursday night, the U.S. Senate approved the deal hashed out by Joe Biden and Kevin McCarthy to raise the debt ceiling through 2024.
