I’m seeing news stories about how the US deficit was reduced by half down to $1.4 Trillion within the last year. How is this possible to move this fast? Does the current government have anything to do with it or is it all external factors?
In: 1
You go on a shopping spree this month and max out all your credit cards.
Don’t buy anything next month and start paying down one card at a time.
Congratulations 🎉
You’ve cut your deficit spend by 100% but still have a lot of debt.
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