Higher rates spell an end to the case for putting huge programs on Uncle Sam’s credit card
Just a few years ago, Washington felt more comfortable pushing for massive spending programs financed by the government and fueled by cheap borrowing costs. But that era is now over. Low interest rates at the start of the 2020s encouraged l
Republican Ledger staff · 6:00 AM ET

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Just a few years ago, Washington felt more comfortable pushing for massive spending programs financed by the government and fueled by cheap borrowing costs. But that era is now over.
Low interest rates at the start of the 2020s encouraged liberal lawmakers to push for sweeping spending programs such as the Green New Deal, Medicare […]
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