TNT:
CandyKisses: America’s debt exceeds $33 trillion for the first time. And the debt of every citizen registers 97 thousand dollars
Economy News-Baghdad
The US Treasury Department revealed in a report detailing the balance sheet that the total US national debt exceeded $ 33 trillion for the first time ever, which means that each citizen owes $ 97,340. The population of the United States is about <> million.
According to US Treasury figures, the country’s debt has reached a historic high amid budget debates in Congress. The debt increased by about $3 trillion in a three-month period, after hitting $32 trillion in June.
If current trends continue, debt will reach $34 trillion by the end of the year.
The United States reached its debt limit of $31.4 trillion on January 19, and the U.S. Treasury Department took extraordinary measures to avoid exceeding the limit and prevent potential defaults.
After negotiations over the debt limit, an agreement was reached in Congress, and President Joe Biden signed a bill in June to increase the debt limit and prevent the country from defaulting.
National debt is the total amount of borrowing owed by the U.S. federal government accumulated throughout the nation’s history.
This comes as Congress appeared to be faltering in its efforts to fund the government ahead of the Sept. 30 deadline. Unless Congress can pass dozens of appropriation bills or approve a short-term extension of federal funding at current levels, the United States will face its first government shutdown since 2019.
Over the weekend, House Republicans considered a short-term proposal that would cut spending for most federal agencies and revive Trump-era strict border initiatives to expand funding through the end of October. But the plan had little hope of breaking the deadlock on Capitol Hill, where Republicans remain divided over their demands and Democrats are unlikely to back any compromise they reach among themselves
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Tishwash: Sudanese begins his participation in the meetings of the United Nations General Assembly
Today, Tuesday (September 19, 2023), Prime Minister Muhammad Shiaa Al-Sudani began the meetings of the United Nations General Assembly, at its 78th session, in New York.
The Prime Minister’s Media Office stated, in a statement received by “Baghdad Today”, that “Prime Minister Muhammad Shiaa Al-Sudani began his participation in the meetings of the United Nations General Assembly, at its seventy-eighth session in New York.”
Prime Minister Muhammad Shiaa Al-Sudani arrived in New York City yesterday, Monday (September 18, 2023) .
The Prime Minister’s Media Office said in a statement received by “Baghdad Today”, “Al-Sudani arrived in New York to participate in the meetings of the United Nations General Assembly, in its seventy-eighth session .”
The work of the 78th session of the United Nations General Assembly continues for several days, and includes high-level meetings and conferences, during which several issues that threaten human security and the world are discussed, most notably the Russian-Ukrainian war .
During its session in New York, the United Nations General Assembly will hold three high-level meetings on health link