First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/09/25/only-one-thing-can-come-from-ballooning-federal-deficits-002830
<p><img src='https://www.moneymetals.com/uploads/content/only-one-thing-can-come-from-ballooning-federal-deficits-social.jpg'/></p>Representatives in the U.S. House have raised the curtain on the latest round of budget theater in Washington DC. The actual conservatives in Washington can once again be seen fighting a futile rear-guard action to hold the line on spending. The only real question is whether they will relent before House Speaker Kevin McCarthy cuts another deal with Democrats to preserve spending without meaningful restraint.