DC on vacation while budget waits for September, early look at Senate 2024

Congress is out of town for their traditional August break and the President spent last week on  summer break at his beach home in Delaware.  In my view an empty Washington led to little airtime for the Fitch downgrade, with JPM CEO seeming to capture the moment when he labeled the downgrade of US debt “ridiculous.”  I believe that, with Congress out of town, there weren’t Republican Members of the House and Senate ready to run to microphones and hail the downgrade as testi...

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