2 ms·
The budget for the year was $208 billion, so you only need a 10% haircut to need help. And the budget is HEAVILY funded by (1) Silicon Valley IPOs, and (2) Hol
by bpodgursky 7y ago
The budget for the year was $208 billion, so you only need a 10% haircut to need help. And the budget is HEAVILY funded by (1) Silicon Valley IPOs, and (2) Hollywood. Both of those are going to generate $0 near-term.
Not to mention retirement funds which are going to be obliterated, but that's a somewhat separate issue from the budget.