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The United States national debt has reached a historic record following a surge of nearly $400B in just two months. teleSUR

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00:00Now we go to the United States as the national debt has reached a historic
00:03record of 40.4 trillion dollars following a surge of nearly 400 billion
00:09dollars in just two months. Treasury Department figures indicate that the
00:13national debt is projected to surpass 120 percent of US gross domestic product
00:19within the next decade. The federal government now spends approximately 970
00:25billion dollars annually solely on debt interest payments and amount that exceeds
00:30its total national defense budget. Financial analysts at the Peterson
00:35Institute for International Economics warned that without structural fiscal
00:40reforms total debt could reach 50 trillion dollars in six years severely
00:46straining public finances and eroding resources for social spending.
00:56Partner
00:56PAY
00:56that is the reason I'm sure I believe we are third when you're the beginning
00:58of the period of time. It has not yet got5000 agreements unlike
00:58Nossaam Speaker and the
00:59number of multiplexes giveaway knowwide need make your
01:01life Ведь happy

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