
Episode 3: Weekly Roundup 05.08.23
Peter St Onge Podcast
The Debt Ceiling Hits as Is
The proposal would roll back spending to last year's level, then impose a 1% annual cap for the next 10 years. It also returns unspent COVID money to the Treasury and gets rid of Biden's student loan handouts that would have blue collars paying off college loans for the rich. But the biggest part in that offer includes a reigns act mechanism which would force Congress to vote on any major regulation. This would be an absolute game changer for the unelected deep state that steam rollers jobs and entire industries without the actual voters having a say.
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