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Because the government spends more money than it collects in tax revenue, lawmakers need to periodically tackle the issue -- a politically difficult task, as many are reluctant to vote for more debt.
Today, the national debt actually exceeds the GDP of the entire U.S. economy, hitting $33.84 trillion. In the past few years, the national debt has risen dramatically due to increased spending on ...
The debt ceiling compromise bill sailed to passage in the House on Wednesday evening. The House voted 314-117 after just over an hour of debate on the legislation. The bill required a simple ...
In addition to suspending the debt limit for two years, the new 116-page plan unveiled by Republicans also includes billions of dollars in disaster relief and economic assistance, but strips out ...
The show takes a satirical look at the week in news, politics and current events. [1] As of November 17, 2024, 320 episodes of Last Week Tonight with John Oliver have aired. [2] The tenth season of the show premiered on February 19, 2023. [3] In May 2023, production was temporarily halted due to the 2023 Writers Guild of America strike. [4]
The main story of the August 11, 2019, episode was Turkmenistan and its autocratic leader Gurbanguly Berdimuhamedow. The last portion of the segment centered around Berdimuhamedow's obsession with Guinness World Records , with the Turkmen capital of Ashgabat being home to the most buildings with white marble cladding, the largest indoor Ferris ...
This is a list of countries by government debt. Gross government debt is government financial liabilities that are debt instruments. [1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and ...
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