[Bigiron]

Congress approves debt deal, averting a US default

The US Congress has approved a deal to lift the country's borrowing limit, days before the world's largest economy is due to default on its debt.

The bipartisan measure sped through the Senate by a vote of 63-36, a day after it cleared the US House of Representatives.

President Joe Biden has said he will enact the measure into law.

His signature on the bill will spare the US from a catastrophic default on its $31.4tn (£25tn) debt.

The country is forecast to overshoot its current debt ceiling on Monday 5 June. read more

https://www.bbc.com/news/world-us-canada-65781359

[Alice Alicia]

Instead of finding ways to reduce the debt, they shamefully raise the limit to borrow more.

Not to improve the lives of people but to fund war in Ukraine and military build up around the world.

[K88 shu shu]

wayang ended.

pls check and ensure you don't left any belonging behind.

[SGSeniorCitizen1952]

Back to the printing press 

[sclim]

they need austerity measures for longer term solutions to their problem.
1 is reduce their spending on military, each adults is spending more then 4k on the military (base on us debt clock military budget and number of adults working)
ave earning is only 31k+

seriously over spend.

on the bright side their medical has also jump from a few 100 b into the trillions. there is hope that with passing of covid-19 that will reduced back to the few 100 billions.

with these number one can easily deduces that it is good to invest in their medical, military related business.