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Expect timely fiscal expansion

โ€œDont tell me what you value. Show me your budget - and Ill tell you what you value.โ€ -Joe Biden The government budget represents the political philosophy of the current government. The annual budget decisions can often be driven more by political than economic considerations, with more emphasis on the distribution of funds than on supporting growth.
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House speaker drama raises new fears on debt limit

Rep. Kevin McCarthy of California finally secured the House speakership in a dramatic vote ending around 12:30 a.m. Saturday, but the dysfunction in his party and the deal he struck to win over holdout Republicans also raised the risks of persistent political gridlock that could destabilize the American financial system.
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