You cannot see this page without javascript.

What the US 'Debt Ceiling' Means

조회 수 656 추천 수 0 2017.10.30 10:30:17

From VOA Learning English, this is the Economics Report. There has been a lot of talk about the "debt ceiling" in the United States. The debt ceiling is a legal limit on how much the federal government can borrow. Political disputes over that amount have concerned investors in recent weeks. American lawmakers must negotiate a new debt ceiling every time the federal debt reaches that legal limit. National debt grows when a government spends more money than it has available. Governments offer bonds and other investments to raise money to pay for this spending. In return, the government promises to repay, with interest, the investors who buy these securities. The financial demands of World War One led American lawmakers to establish a total debt limit. In 1917, Congress agreed that the president could borrow up to a set amount without seeking approval. Congress has agreed to change the debt limit 10 times since 2001. But the major parties may disagree on spending levels or on the need to borrow to pay for government operations. Other nations buy United States Treasury securities because they are considered the safest investment in the world. The partial shutdown of the federal government led to worldwide concern about the safety of these investments. Congress agreed to re-open the government without enforcing the debt ceiling only one day before borrowing reached the legal limit. Lawmakers agreed to let the president decide what the Treasury Department could borrow through February 7th. Congress must now negotiate a new debt limit and resolve other budgetary issues in order to avoid another crisis. For VOA Learning English, I'm Carolyn Presutti.

엮인글 :
List of Articles
번호 제목 글쓴이 조회 수
72 Airport Security Could Go to 'Electronic Sniffer Dogs' chanyi 1673
71 Studying How Plastic Pollution Enters Ocean Food Supply chanyi 1074
70 Facial Recognition Systems Bring Privacy Concerns file chanyi 1461
69 New Findings on Sleep in Children, Older Adults chanyi 696
68 A Campaign Against Alzheimer's Disease chanyi 3202
67 Advice for Staying Warm and Safe in Freezing Weather file chanyi 822
» What the US 'Debt Ceiling' Means chanyi 656
65 Does Physical Activity Lead to Higher Grades? [1] chanyi 740
64 Gut Bacteria: We Are What We Eat chanyi 663
63 Let's Learn English Lesson 20: What Can You Do? chanyi 667
62 How to Make Your Own Solar Water Heater chanyi 879
61 How to Introduce Yourself Like an American? chanyi 549
60 For Many People, First the Doctor's Office, Then the Web chanyi 708
59 Drum Circle Widens Into a United Nations of Beats chanyi 627
58 Using the Internet and Social Media to Search for a Job chanyi 942
본 사이트에서는 회원분들의 게시된 이메일 주소가 무단으로 수집되는 것을 거부합니다. 게시된 정보 및 게시물의 저작권과 기타 법적 책임은 자료제공자에게 있습니다. 이메일 Copyright © 2001 - 2022 All Right Reserved.
커뮤니티new학생의방교사의 방일반영어진로와 진학영어회화