Federal Debt Ceiling Looms Large… What it Means for Washington, Wall Street, Main Street
August 17, 2017 at 07:00 AM EDT
By David Haviland, Beaumont Capital Management Regardless of your political views, Washington is spending money at a pace usually “reserved” for times of war. The chart below shows the U.S. Government’s year over year change in deficit spending. Looking at our debt in a different way, the following...