Rep Jodey Arrington: “Biden’s budget proposes the highest sustained levels of spending, borrowing, and taxing in the history of the United States of America. Adding $16 trillion to the debt”

Rep Jodey Arrington criticizes Joe Biden’s budget proposal by alleging that it will lead to record levels of government spending, borrowing, and taxation, potentially exacerbating inflation, interest rates, and living costs for working families. It expresses concern that these policies …

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Europe’s private credit funds resort to bank borrowing, raising concerns over systemic risks; Global Corporate Defaults hit highest level since the GFC

This trend raises alarm about the broader risks from interlinked dependencies. LONDON, March 14 (Reuters) – Europe’s private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed by this interconnectedness. A …

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Check what’s inside the Senate’s $95 billion foreign aid boondoggle. We are borrowing every dollar, and giving it away for free. $9 Billion (of your money) for civilians in Gaza and Ukraine.

The updated $95 billion supplemental bill without the border provisions captured the necessary 60 votes needed The package includes $61 billion for Ukraine, $14 billion for Israel in its war against Hamas and $4.83 billion to support partners in the …

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SEC adopts amendments to enhance private fund reporting, including those also registered with the CFTC. The amendments enhance how large hedge fund advisers report investment exposures, borrowing, and counterparty exposure, among other aspects.

Source: https://www.sec.gov/files/rules/final/2024/ia-6546.pdf TLDRS SEC adopts amendments to enhance private fund reporting including those also registered with the CFTC. The amendments to Form PF will enhance reporting by large hedge fund advisers on various aspects such as investment exposures, borrowing, counterparty exposure, …

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TBAC-O Road? Treasury Announces Big Cut In Borrowing (Despite Skyrocketing Deficits) But Shifting Towards More Expensive, Higher Duration Coupon Bonds

by confoundedinterest17 Constitution Avenue in Washington DC is actually becoming Tobacco Road. No, not the dysfunctional family of Georgia sharecroppers during the Great Depression, but the Treasury Borrowing Advisory Committee (TBAC). On Monday, after we got the first part of the Treasury’s …

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“Boodle Biden” Strikes Again! Biden Announces $16.4B in New Funding For Amtrak’s Northeast Corridor (For Middle Class Consumers, Borrowing Costs Rising, Housing Prices Rising, Banks Cautious About Consumer Lending, Shipper Maersk Announces Plans To Cut At Least 10,000 Jobs)

by confoundedinterest17 President Joe Biden and his boss Barack Obama remind me of the legendary corrupt Chicago politicians First Ward Alderman Michael “Hinky Dink” McKenna and “Bathhouse” John Coughlin. And their love of “boodle” (a slang term money, gained (Biden family payoffs …

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