Quote:
Originally Posted by dyna mo
that being said, what are your thoughts re: this bill? and the 1.5 trillion dollars it will leave up in the air?
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All his bill does is cut the interest, on basically a double payment. So the fed takes a loan basically once and gets hit with interest, then they take a loan against that debt, and get hit with interest again... he wants to cut that 2nd round of Interest out, not the original debt.
So in short, the gov would be stiffing itself. Not that it will go through, and even so, it's the public debt we want paid down, screw the Gov debt.