First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2023/11/17/bidenomics-ushering-in-credit-downgrades-deficits-inflation-002868
<p><img src='https://www.moneymetals.com/uploads/content/youtube-thumbnail-mikegleason-social.jpg'/></p>Under the new leadership of House Speaker Mike Johnson, Congress passed a stopgap funding bill on Tuesday to once again avert a government shutdown. It was quickly approved by the Senate on Wednesday, then signed into law by President Joe Biden. Like the last one, this latest bipartisan budget scheme includes no spending cuts.