Glenn Kessler

@GlennKesslerWP ↗

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Last Checked Feb. 8, 2023

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Tue Jan 24 14:29:11 +0000 2023

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Glenn Kessler @GlennKesslerWP

A smart person writes: "Once debt limit hits, Treasury runs out of dollars on a day-to-day basis and can’t pay bills because there are no dollars left in the Treasury to pay bills. And Treasury can’t print money - the Federal Reserve prints the money." — PolitiTweet.org

Posted Jan. 24, 2023

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Glenn Kessler @GlennKesslerWP

RT @ThePlumLineGS: Deep divisions among House Republicans over the extreme "border security" bill give Dems a big opening to drive a wedge.… — PolitiTweet.org

Posted Jan. 24, 2023 Retweet

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Glenn Kessler @GlennKesslerWP

He adds: "such new debt in excess of the statutory ceiling would be legally tainted - a lot of the normal broker-dealers would not buy it because the legality of its existence could be challenged in court." — PolitiTweet.org

Posted Jan. 24, 2023