Everything You Need To Know About The US Debt Ceiling
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On May 1, 2023, US Treasury Secretary Janet Yellen urged lawmakers to raise the debt ceiling immediately. She warned that if the US government were not allowed to borrow more, it would be unable to meet its obligations by early June 2023. They include things like Social Security and Medicare payments. The government would also be unable to make interest payments on money borrowed in the past. This would result in a US debt default.
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gabby112년 이하I think it is crazy on how the world is just going crazy
slaydontstay약 2년38%!!!😮
mei약 2년cool
philliesphan2872년 이상Yikes... That number really went up over the years! I can't imagine how much it will be in a few decades!
user58972년 이상If the U.S. just keep on raising the debt limit, it’s going to get bigger and bigger. Eventually, the U.S. won’t be able to pay the debt. I don’t see the harm in paying the debt just once. America has a strong military and nuclear power. The government should just decide on one thing, and they should do it fast.
adroit_avimimus2년 이상I wish it were that simple, but the government still has a whole country with millions of people to keep in mind as well. I believe they should pay debts in small amounts at a time.
phoenix2312년 이상The U.S could weaken and get attacked because of that
zoewang2년 이상It is scary- slaydontstay약 2년Really scary
purplepearls2년 이상scary
wolfyisthebest2년 이상it could all stop trully
littlejango2년 이상that is i lot of debt WOW $31.46 trillion