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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    American public debt goes beyond unreasonable limits

    Rocky
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    • Post n°1

    American public debt goes beyond unreasonable limits Empty American public debt goes beyond unreasonable limits

    Post by Rocky Wed 13 Sep 2017, 3:09 am

    [size=30]American public debt goes beyond unreasonable limits[/size]
    13/09/2017 09:44 | Number of readings:
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    [rtl]Trend Press / Agencies[/rtl]
    [rtl]Foreign debt owed to the US government exceeded $ 20 trillion for the first time in its history.[/rtl]
     
    [rtl]According to Business Insider, the government tried to keep the debt below $ 20 trillion as the treasury used the so-called "extraordinary measures" to keep the maximum value of the debt frozen at $ 19.84 trillion.[/rtl]
     
    [rtl]Last Friday, US President Donald Trump signed a bill, among other things, to suspend the debt ceiling until Dec. 8.[/rtl]
     
    [rtl]This procedure authorizes the US Treasury to borrow freely until that date, when they raise the debt to a new ceiling (a step followed by the Treasury each year). If new laws are not enacted, then "extraordinary measures" must be taken again.[/rtl]
     
    [rtl]So far, the figure has reached $ 20.164 trillion and continues to grow.[/rtl]
     
    [rtl]Trump had previously claimed that he could reduce public debt by negotiating trade deals.[/rtl]

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