In 6 Months Since Budget Deal: Debt Up More Than $1 Trillion


(Worthy News) – In the six months that have passed since then-retiring House Speaker John Boehner and Senate Majority Leader Mitch McConnell cut a budget deal with President Barack Obama that suspended the legal limit on the federal debt until March 15, 2017, the federal debt has increased by more than $1 trillion.

The Senate passed “The Bipartisan Budget Act of 2015” with a vote held in the early morning hours of Friday, Oct. 30. Obama signed it on Monday, Nov. 2.

At the close business on Oct. 30, 2015, the total federal debt was $18,152,981,685,747.52. By the close of business on April 28, 2016—the latest date for which the Treasury has published the number–the total federal debt was $19,186,207,744,589.55.

That is an increase of $1,033,226,058,842.03. [ … Read More (Source) ]

10
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Iran Pressures Hezbollah as Israel Warns of Severe Retaliation
Mexican Drug Lord Killed in Mexican Military Operation
Iran Campus Protests Resurface as Nuclear Talks Continue Under U.S. Military Pressure
Netanyahu: AI Server Farms a ‘Major Breakthrough’ for Israel’s Strategic Power
Day After Supreme Court Ruling, Trump Says He Will Raise Tariffs To 15%
Republicans, Split Over SCOTUS Tariff Ruling, Seek Way Forward
Iranian Christian Convert Faces US Deportation, Risking Execution In Iran (Worthy News In-Depth)
Armed Man Shot Dead After Breaching Security At President Trump’s Mar-a-Lago Residence
Hungary, Slovakia Threaten Ukraine Power Cuts As Budapest Moves To Block 90-Billion-Euro EU Loan
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News