Money and business

An increase of 44 billion dollars in one day .. America’s debt records an astronomical number in August


America’s inner debts are increasing at a rapid pace, without showing any signs of slowdown, despite the increasing criticism of the huge levels of Government spending for the American administration. "Fox News" That the US debt of the United States recorded 37.089 trillion dollars until August 15, citing The Treasury Department , which represents an increase of about 44 billion dollars from the number announced the day before. "Fox News" The interest payments on the debt in the fiscal year that start next October are now exceeding the health insurance budget and the military budget." target ="_Blank"> Congress that the internal debt will rise to an astronomical level of $ 54 trillion during the next decade, as a result of the rise of the population ages and the high health care costs. The high interest rates also contribute to exacerbating the effect of the rise in debt.

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