The budget and the debt: Speaker Kevin McCarthy must agree to raise the borrowing ceiling ...Middle East

President Biden’s proposed budget for the federal fiscal year that starts on Oct. 1 would spend $6.8 trillion off revenues of only $5 trillion in taxes collected. The imbalance, a $1.8 trillion deficit, would get added to the national debt of $31.4 trillion that has been building since 1789. That’s how it’s always worked and the full faith and credit of the United States allows Congress to borrow to keep the federal government running.

Read More Details
Finally We wish PressBee provided you with enough information of ( The budget and the debt: Speaker Kevin McCarthy must agree to raise the borrowing ceiling )

Also on site :

• Miranda Devine: Foreign flags fly in LA anti-ICE riots — vindicating Donald Trump and leaving Dems with no moral standing
• Khawaja's Graceful Farewell Looms as WTC Final Approaches
• Honeymoon Tragedy: Shocking Murder of Tourist in Meghalaya