
A beginner's guide to Trussonomics
The Story
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Borrowing to Fund the Price Cap
Households are facing a tripling in their energy bills between april and october. This has been driven by the war in ukraine, limiting supplies of gas. The government wants to basically subsidize every one's energy use. And borrowing looks like the only major way in which the government can get this money. Another policy we haven't mentioned is a windfall tax.
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