US Government Credit Is Sinking, But Spending Is Still Running Wild
By Ward Clark | 6:15 PM on August 12, 2023
The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com
America’s credit rating is dropping, and there’s every reason to believe it hasn’t hit bottom yet. There is an apocryphal story about Ronald Reagan, in which a staffer said something about Congress “spending like drunken sailors.” President Reagan corrected the speaker, pointing out that drunken sailors are spending their own money.
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READ MORE: https://redstate.com/wardclark/2023/08/12/us-government-credit-is-sinking-but-spending-is-still-running-wild-n791861
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