YOUTUBE (The Hill) - The dreaded debt ceiling explained
The United States' national debt has reached $40,000,000,000,000, doubling what it was just nine years ago. What has contributed to it, why isn't it slowing down, and who's to blame? NewsNation’s Elizabeth Prann, with analysis from Ted Jenkins and NewsNation's Steven Joachim, breaks down the U.S. debt ceiling and offers suggestions to start paying it back. How will President Trump's $5k payment vow factor into this continued increase? 0:00 - What is the debt ceiling? 6:45 - Who is the U.S. paying? 12:31 - Washington's favorite political weapon 15:19 - What happens if Congress doesn't act? NewsNation National Correspondent: Elizabeth Prann Executive Producer: Andy Gipson Editorial Producer: Meagan Ourada Segment Producer: Christine Jenkinson Associate Producers: Mekhi Rhodes Editor: Allen Keefner
| Channel | t.me/News_Wire |
| Permalink | https://news.site.please-be-patient.com/news/1152407/the-dreaded-debt-ceiling-explained |
| Source | https://www.youtube.com/watch?v=eekh_QsKv-U |
| Keywords | inflationus-governmentfiscal-policycongressfinancetrumpmacroeconomicsus-economydonald-trumpnational-debttreasury-departmentus-politicsdebtmoneyus-national-debtbudget-deficiteconomic-riskeconomyfiscal-crisisgovernment-spendingeconomic-instabilityus-housebudgetdeficitfederal-deficitpoliticsanti-trump |