The U.S. Owed 30 Trillion Dollars
The U.S. lives on borrowed money, throwing around debt and deficit, leading to an exponential increase in debt and deficit. In the most recent fiscal year, the deficit soared to $1.7 trillion, contributing to the national debt skyrocketing well over $30 trillion. If you were to stack this money in one dollar bill, it would reach one-third the distance to the moon. The leading U.S. economist attributed 40% of the debt increase to lower revenue from tax and higher spending on Medicare or social security.
Halloween Spirit Resurfaces
Dia de los Muertos, a Mexican holiday honoring deceased individuals, will be celebrated next week alongside Halloween. The most popular costumes for kids include Spider-man and princesses, while adults choose vampires and Barbie costumes. People are expected to keep this Halloween real, spending an estimated $12.2 billion and reviving the Halloween spirit in pre-pandemic style.
*Vocabulaires; deficit, live on, throw around, fiscal, fiscal year, medicare, decease, mullet, keep it real, pre-
The U.S. Owed 30 Trillion DollarsThe U.S. lives on borrowed money, throwing around debt and deficit, leading to an exponential increase in debt and deficit. In the most recent fiscal year, the deficit soared to $1.7 trillion, contributing to the national debt skyrocketing well over $30 trillion. If you were to stack this money in one dollar bill, it would reach one-third the distance to the moon. The leading U.S. economist attributed 40% of the debt increase to lower revenue from tax and higher spending on Medicare or social security.
Halloween Spirit Resurfaces
Dia de los Muertos, a Mexican holiday honoring deceased individuals, will be celebrated next week alongside Halloween. The most popular costumes for kids include Spider-man and princesses, while adults choose vampires and Barbie costumes. People are expected to keep this Halloween real, spending an estimated $12.2 billion and reviving the Halloween spirit in pre-pandemic style.
*Vocabulaires; deficit, live on, throw around, fiscal, fiscal year, medicare, decease, mullet, keep it real, pre-
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