Date: 2 weeks ago   Category: Investigations

The national debt of the USA will stop being desired


The Fitch rating agency warned about possible decrease in sovereign rating of the USA from the present AAA level, Reuters writes. "If suspension of work of the government continues till March 1, and in several months the national debt ceiling, to us, perhaps will become a problem, it is necessary to think of the regulatory base, inability to adopt the budget (...) and about whether the AAA rating is appropriate at the same time" — words of the senior analyst of Fitch concerning a national debt James McCormack are cited. According to him, the so-called ceiling of a national debt — the maximum permissible level of loans established at the legislative level can become the main problem for the American sovereign rating. By the present rules adopted in February of last year, the government has the right to issue new obligations for a covering old in unlimited volume, but only till March 1 of the 2019th then debt level cannot already be exceeded. Materials on teme00:03 — Fell on June 18, 2018 in ямуМир stiffened waiting for new crisis. But it is not tochnochtoba to resolve this problem, republicans and democrats in the Congress have to come to the agreement on questions of the federal budget for 2019. At the end of December they did not manage to make it because of disagreements concerning financing of safety of frontier. The president Donald Trump standing from Republican Party demanded inclusion in budget expenditures of five billion dollars on these purposes. His opponents from Democratic party were ready to allocate only 1.3 billion. As a result the budget was not adopted, and the government partially suspended work for the uncertain period. At the beginning of January Trump declared determination that the government will not work the next months or even years. The national debt of the USA financed by issue of treasury bonds traditionally is considered reliability standard among investors and has the greatest possible rating of AAA. As of the end of 2018, it made 21.9 trillion dollars. During Trump's presidency it grew by two trillion and reached record levels for the last 70 years. "The film of day" is more than important news in Telegram channel. Subscribe!

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