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

Iraq Dinar/News is a popular topic among many topics this board offers. You must log in to see and participate in our Dinar sections.

Ever heard of Bitcoin? I encourage you to veiw my 4 minute video about the Bitcoin of Health Care CoinMD. Just load CoinMD.io/StylesMD set up a free 30 day test ride and contact me as needed. I have a Facebook informational page you can request to join for all my mist updates.

Neno

I can be reached by phone or text 7am-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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017


American public debt goes beyond unreasonable limits

Share
avatar
rocky
Moderator
Moderator

Posts : 112929
Thanked : 4756
Join date : 2012-12-21

American public debt goes beyond unreasonable limits

Post by rocky on 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:
font size:  
[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]


    Current date/time is Thu 18 Jan 2018, 6:08 am