Latest Breaking News On - Delay may - Page 1 : comparemela.com

is the debt, 31.5 trillion dollars. when you worry about this debt and how we re gonna pay it back. that s an important consideration, but until we get an answer to that, let s look at how the deficits and debt is financed. it comes from bombs issued by the government and sold to investors. the bond is a promise to pay back alone at a certain interest rate. the rate is comparatively low because the loan made to the u.s. government, is considered the safest investment on earth. but now, once again, that is at risk. some republicans threaten to not allow the delay may, which is the amount of money that the government can borrow to pay its bills, to be raised. if republicans succeed in that effort, the government would have to do what an individual or company would have to do, we prioritize who gets paid first. and in the case of the u.s. government, interest on those bonds have to be paid first. because a payment to a bond order is miss the corroding of the entire u.s. could drop, and th

31 5 trillion dollars31 5 trillionU sInterest rateHouse republicansDelay mayBond order