If the US government fails to raise the debt ceiling, the country could default on its bills - something it has never done. But the threat hasn't affected the country's top-notch credit rating - so far.
It's a positive sign that the US Congress finally managed to pass a budget and end a brief shutdown. But the deal leaves the "Dreamers" hanging once again and shatters the myth that deficits matter, says Michael Knigge.
The US government shutdown has ended after the House voted to pass a stopgap spending measure. The Senate's failure to pass the bill before the stroke of midnight had led to a temporary freeze of federal funds.
US President Donald Trump has ordered the deployment of National Guard troops to the Mexican border. Trump has said the situation at the southern border has "now reached a point of crisis."
Both US parties have traded blame over the crisis that is directly affecting hundreds of thousands of Americans. A vote on a proposed budget deal has been pushed back as Congress remains at an impasse.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version