Inflation will not go down until government spending is drastically cut. Congress just did the exact opposite and voted for a bottomless bank account until 2025. Plan accordingly.

Congress temporarily suspends the debt limit

The deal suspends the nation’s $31.4 trillion borrowing limit until Jan. 2025. Suspending the debt limit for a period of time is different than setting it at a new fixed level. It essentially gives the Treasury Department the latitude to borrow as much money as it needs to pay the nation’s bills during that time period, plus a few months after the limit is reached, as the department employs accounting maneuvers to keep up payments.