Doesn't Anyone Care About Budget Deficits? The Fed Sells Off Assets

It is more than a bit bizarre that no one seems to pay any attention to the budgetary implications of the Fed's decision to start sellling off its assets. The impact is potentially fairly large in the scheme of things, possibly as much as $600 billion over the next decade. This is equal to roughly 0.5 percent of GDP. It's pretty much the same number at stake in the various Obamacare repeal efforts.

For some reason none, as in absolutely zero, of the news stories I have seen or heard on the as...