Joe Bardsley

US Congress Secures Debt Limit Bill In recent weeks, global economists have been paying close attention to the ongoing debate regarding the debt ceiling in the United States. The debt ceiling refers to legislation which limits the amount of money the Treasury Department is allowed to borrow in order to fund government spending. Since 2009, the national debt in the US has very nearly tripled. As a consequence, the debt ceiling had nearly been reached, prompting fears of a worldwide economic crisis.

US Congress Secures Debt Limit Bill In recent weeks, global economists have been paying close attention to the ongoing debate regarding the debt ceiling in the United States. The debt ceiling refers to legislation which limits the amount of money the Treasury Department is allowed to borrow in order to fund government spending. Since 2009, the national debt in the US has very nearly tripled. As a consequence, the debt ceiling had nearly been reached, prompting fears of a worldwide economic crisis.

Ron DeSantis’ Presidential Announcement Derailed by Technical Difficulties On 24 May incumbent Florida Governor Ron DeSantis announced that he will be seeking the Republican nomination for the 2024 presidential election. This announcement took place on Twitter Spaces, the social-media sites livestream service, and was hosted by Elon Musk, the owner of Twitter. DeSantis stated that he wanted to launch his campaign on Twitter because of his distrust of the mainstream media.