alt Hacker NewsIIRC they are trying to pay off their debt since they are on a brink of default. They don't want to borrow anymore.
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appointment • 04/03/2025
The massive tax cuts Trump is trying to extend or introduce are much larger than the spending cuts proposed so far.
edit: Also the USA is nowhere near a default, unless congress chooses to not raise the ridiculous debt ceiling policy.
They are literally borrowing more right now. I believe at record levels. Billions per day.