内容摘要：There is no confusion, no complexity. Just children incinerated in their sleep while the world watches and does nothing.

There is no confusion, no complexity. Just children incinerated in their sleep while the world watches and does nothing.

The US has the highest amount of national debt in the world and is facing growing concerns about its long-term fiscal stability.Debt is simply the total amount of money the US government owes to its lenders, currently amounting to $36.2 trillion. This represents 122 percent of the country’s annual economic output or gross domestic product (GDP), and it is growing by about $1 trillion every three months.

The highest debt-to-GDP ratio was during the pandemic in 2020, when the ratio hit 133 percent. The US is among the top 10 countries in the world with the highest debt-to-GDP ratio.What is the debt ceiling, and why does it keep increasing?When the government spends more money than it collects, it creates a deficit.

To cover this deficit, the government borrows more money. To ensure that borrowing is subject to legislative approval, the US Congress sets a limit to how much the government can borrow to fund existing obligations like Social Security, healthcare and defence. This limit is known as the debt ceiling.Once the ceiling is reached, the government cannot borrow more unless Congress raises or suspends the limit. Since 1960, Congress has raised, suspended or changed the terms of the debt ceiling 78 times, allowing the US to borrow more money.

The federal deficit under different presidents

The federal deficit is how much more money the government spends than it brings in during a single year. A federal surplus would mean the US is bringing in more money than it is spending.and decisions aimed at changing education and immigration in the country, alongside cracking down on pro-Palestine protests that took place on US college campuses last year.

The new tax plans aim to increase taxes on what US universities earn from their endowments.So, what exactly is an endowment?

An endowment refers to funds or assets donated to a university to keep it financially sustained in the future.Endowments typically comprise charitable donations from alumni, other donors and companies.