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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (69507)5/2/2018 5:53:32 PM
From: TimF  Read Replies (2) | Respond to of 355828
 
I thought you were a CPA or something.

inode not me.

A and B are the same here, they are both part of the federal government.

Yes if budgetary rules/laws allowed for it and the DoD had some extra money at the end of the year and Interior was a little short it could borrow from the DoD and pay it back with interest. That interest (if the DoD was allowed to keep/spend it rather then return it to the treasury) would be real interest a real return*, but the federal government wouldn't have made (or paid in interest) any more money. No total net gain, the interest paid by one part is gained by another and for the whole it all cancels out.

* Real meaning not fake here, I'm not talking about inflation adjustments, like you normally would mean by "real return" but it might be real that way too)