Congress is at war over the US national debt limit: what it is and how it affects our lives

The debate on the US national debt limit between Republicans and Democrats continues. Meanwhile, the US is approaching default. We decided to figure out what this limit is and why the left and the right are arguing among themselves. The limit was suspended in 2019 and automatically ...

Hundreds of thousands from each taxpayer: the real US national debt is catastrophically higher than the official one

America's national debt exceeds $ 123 trillion, more than four times the official figure of $ 28 trillion calculated by the US Treasury Department at the end of March, according to a new report. Writes about this The Epoch Times. Federal expenses related to ...

At the end of 2020, the US national debt may exceed the size of the American economy

While the United States continues to struggle with the economic recession as a consequence of the pandemic, the growing public debt is hardly talked about, writes CNN. Even opponents of the deficit are persuading Washington and the White House to approve yet another round of much-needed economic stimulus. "Federal…

US national debt is growing rapidly due to quarantine: will taxes be raised

As of May 2020, the national debt—all the money the U.S. has borrowed and has not yet paid back—stands at more than $25,1 trillion. At current growth rates, the amount could rise by almost 70% to more than $42 trillion in 4...

Less than 1% of international reserves: Russia cut investment in US government debt three times

In March, Russia cut its investments in US government bonds three times - from $ 12,58 billion to $ 3,8 billion. This is less than one percent of international reserves. Other central banks of the world are also getting rid of US Treasuries. RIA Novosti writes about it. Nearly…

US national debt reaches $ 23,4 trillion: what it consists of

The US national debt, which usually ranks high in the ranking of public concern, faded into the background as the nation turned its attention to the 2020 presidential election, writes Fox News. As of early March 2020 ...

For 6 years, Russia in 16 times reduced investment in US public debt

Russia has reduced its investments in the US national debt to $ 10,8 billion, writes Interfax. According to the US Treasury Department, in June 2019, Russia reduced its investments in US Treasuries by $ 1,18 billion, to $ 10 billion, compared to $ 848 ...

Russia has sold 84% of US debt bonds: what does it mean

Russia quickly sold the vast majority of its US debt bonds. From March to May, Russian stocks of US Treasury bonds decreased by $ 81 billion, representing 84% of the total volume of US debt, writes CNN. What are US Treasuries ...

Where Russia has transferred billions of US government debt

Russia has reduced its participation in the US government debt to its lowest level since 2007. This maneuver was most likely caused by the April sanctions. However, there are not so many alternatives to American government bonds, writes Forbes. Russia's participation in the US national debt fell to $ 15 in May ...

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