💰What will happen if the US defaults on its debt?
The government fiscal year ends 30 September and a new budget will need to be agreed on in order to fund the spending that has already happened. On Tuesday, Treasury Secretary Janet Yellen warned that the government would probably run out of cash by 18 October if the borrowing limit was not raised soon:
“It would be disastrous for the American economy, [the] global financial market and millions of families and workers whose financial security would be jeopardised by a delay in payments. Even coming very close to the deadline without raising the debt ceiling can undermine the confidence of financial markets in the creditworthiness of the United States.”
Read more about the issue on our website
The government fiscal year ends 30 September and a new budget will need to be agreed on in order to fund the spending that has already happened. On Tuesday, Treasury Secretary Janet Yellen warned that the government would probably run out of cash by 18 October if the borrowing limit was not raised soon:
“It would be disastrous for the American economy, [the] global financial market and millions of families and workers whose financial security would be jeopardised by a delay in payments. Even coming very close to the deadline without raising the debt ceiling can undermine the confidence of financial markets in the creditworthiness of the United States.”
Read more about the issue on our website
Sputnik International
Debtpocalypse Now: Here’s What Will Happen if US Defaults on Its Mountain of Debt
On Monday, Senate Republicans blocked legislation to raise the debt ceiling and allow the US to avoid an impending government shutdown and possible default. On Tuesday, the GOP also pooh-poohed a proposal by Democrats to allow for the debt...
The 27th Annual Blue Mass is being on 29 September, Wednesday, in Washington, D.C., in honour of first responders and those who have died in the line of duty.
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👨⚖️ Florida is suing President Biden’s administration over its immigration policy and handling of the crisis on the southern border.
@RonDeSantisTelegram announced the lawsuit against the Biden administration at a news conference in Fort Myers on Tuesday. DeSantis also signed an executive order which prohibits "all Florida agencies under the purview of the Governor from facilitating illegal immigration into Florida, unless otherwise required by federal or state law."
According to the Florida governor, the state is being negatively impacted by the federal government's "catch-and-release" immigration policies, and the build-up of migrants at the Mexican border has been a "total disaster" created by the president's policy
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@RonDeSantisTelegram announced the lawsuit against the Biden administration at a news conference in Fort Myers on Tuesday. DeSantis also signed an executive order which prohibits "all Florida agencies under the purview of the Governor from facilitating illegal immigration into Florida, unless otherwise required by federal or state law."
According to the Florida governor, the state is being negatively impacted by the federal government's "catch-and-release" immigration policies, and the build-up of migrants at the Mexican border has been a "total disaster" created by the president's policy
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❗️ Rescuers are searching the sea near Carlsbad after receiving reports that a small plane fell about 6 miles offshore Wednesday morning, authorities said.
Details are scant, but rescue teams, including emergency crews from Carlsbad, Oceanside and the Coast Guard, were on the lookout for the plane and possible victims
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Details are scant, but rescue teams, including emergency crews from Carlsbad, Oceanside and the Coast Guard, were on the lookout for the plane and possible victims
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Forwarded from Sputnik
🇺🇸 US Chairman of Joint Chiefs of Staff Gen. Mark Milley laid blame for the messy withdrawal from Afghanistan on State Department officials not ordering the evacuation of civilians sooner in yesterday’s closed hearing with the Senate Armed Services Committee, Axios reported citing sources.
Sputnik International
👨⚖️ Florida is suing President Biden’s administration over its immigration policy and handling of the crisis on the southern border. @RonDeSantisTelegram announced the lawsuit against the Biden administration at a news conference in Fort Myers on Tuesday.…
👨⚖️ Following Florida, the state of Texas, which has settled in 30,000 illegal immigrants in recent weeks, plans to file a joint lawsuit against the Biden administration over the settlement of the border crisis.
It's still unclear when the state would be filing the suit, nevertheless a series of lawsuits against the Biden administration is gaining momentum.
😉 Now it doesn't look like a mere snowball, but an avalanche that is about to fall on the president's head, yeah?
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It's still unclear when the state would be filing the suit, nevertheless a series of lawsuits against the Biden administration is gaining momentum.
😉 Now it doesn't look like a mere snowball, but an avalanche that is about to fall on the president's head, yeah?
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⚡️ LA judge suspends Britney Spears' father as conservator of her estate
📰 We all know that from time to time The New York Times suffers from the release of absolutely absurd and delusional articles. They recently posted another such piece.
🇺🇸 Claiming that the American flag needs to be revised to represent a nation different from what The NYT thinks it should be, the newspaper has come up with some new ideas.
Don't you think censoring history, masking its scars, is playing down the hardships that the country's ancestors struggled so hard to overcome?
🙃 Look at these flags and draw your own conclusions
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🇺🇸 Claiming that the American flag needs to be revised to represent a nation different from what The NYT thinks it should be, the newspaper has come up with some new ideas.
Don't you think censoring history, masking its scars, is playing down the hardships that the country's ancestors struggled so hard to overcome?
🙃 Look at these flags and draw your own conclusions
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🛑 House Democrats have blocked a measure passed by a Republican state representative that would require a negative COVID-19 test result before migrants are released from customs and border custody.
🗣 “The majority chose to block this common-sense bill that would ensure the health and safety of border patrol and border communities,” she said.
It seems, Democrats are not worried about the health of ordinary US citizens
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🗣 “The majority chose to block this common-sense bill that would ensure the health and safety of border patrol and border communities,” she said.
It seems, Democrats are not worried about the health of ordinary US citizens
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Forwarded from Donald J. Trump
The botched and embarrassingly incompetent withdrawal from Afghanistan had nothing to do with past Administrations or things that happened “from 20 years ago,” (other than we should not have been in the Middle East in the first place!). The horrible “withdrawal” was caused, in particular, because the Military was taken out before American citizens and $85 Billion worth of the highest-grade Military equipment anywhere in the world. This withdrawal was developed by a child’s mind, and only the Biden Administration is responsible for it. When I left office, the Taliban was held at bay, we had as long as we wanted, there was no reason to rush, no soldiers were killed or even shot at for over 18 months, and if they didn’t meet certain conditions, we would have hit them very hard. But then Biden and Milley removed the Military in one of the dumbest Military moves in history, and it all began. So sad for our Nation!
Forwarded from Donald J. Trump
No wonder the Afghanistan withdrawal was such a disaster. “General” Milley spent all of his time talking to these Fake Book writers. That’s not a Soldier or General, that’s a Public Relations agent. America will continue losing with Milley and woke television Generals who are only looking to be stars!
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😀 Booing president Joe Biden has become a regular occurrence. Earlier, people directed foul language at the president at several college stadiums. More recently, crowds booed Joe Biden at the Nationals Stadium in Washington. DC during a Congressional baseball game
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Forwarded from Sputnik
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Eleven years after the killing of Osama bin Laden, leader of al-Qaeda (terrorist group, banned in Russia), the site of his destroyed compound remains desolate, a "wasteland," as a Sputnik reporter visiting Abbottabad in the Pakistani province of Khyber Pakhtunkhwa shows.
However, eyewitnesses doubt that bin Laden was indeed killed in the 2011 operation.
"Based on what I personally saw, I can assure you that Osama bin Laden was not in this house. All the witnesses can confirm that," one of the witnesses to the US' Operation Neptune Spear says.
However, eyewitnesses doubt that bin Laden was indeed killed in the 2011 operation.
"Based on what I personally saw, I can assure you that Osama bin Laden was not in this house. All the witnesses can confirm that," one of the witnesses to the US' Operation Neptune Spear says.
🧐Panama's Foreign Minister Erika Mouynes expressed doubt that the administration of President Joe Biden was caught off-guard by the Haitian migrant crisis because "we sounded the alarm when we should have".
"We've engaged with every single authority that we can think of, that we can come across, to say, 'Please, let's pay attention to this'," Mouynes said, also warning that about 60,000 migrants, mostly Haitian, are poised to head towards the US-Mexico border.
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"We've engaged with every single authority that we can think of, that we can come across, to say, 'Please, let's pay attention to this'," Mouynes said, also warning that about 60,000 migrants, mostly Haitian, are poised to head towards the US-Mexico border.
Read more about the issue on our website and subscribe to @sputniknewsus