352 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

from 62 to 64. and — soggy takeaway! how the red—hot food delivery market has started to go cold. a lot to talk about, let's get going. we start in the us where a bitter political fight over the country's finances is about to begin. later today, the federal government will hit its borrowing limit agreed by congress far earlier than expected. the figure? an eye—watering $31.4 trillion. in the short term, treasury secretary janet yellen will be able to buy some time, using what are known as extraordinary measures, diverting cash to stop the us defaulting on its debts. but congres...

according to u.s. intelligence the missile tests do not pose an immediate threat to the united states. >> let's go to seoul and bring in paula hancock. give us the latest. >> reporter: john we're hearing here from the south korean side that the u.s.s. ronald reagan is off the east coast, carrying off navy drills as north korea fires yet more missiles. as north korea continues to break its own missile launch record. south korea says trilateral naval exercises are back in the water. holding drills to track and intercept missiles, a response to the north's launches. >> american aircraft...

But congress will urgently have to find a solution and it is more divided than ever as michelle fleury reports from new york. the debt ceiling or debt limit is the legal amount the american federal government is allowed to borrow. it american federal government is allowed to borrow.— allowed to borrow. it has maxed it out faster _ allowed to borrow. it has maxed it out faster than _ allowed to borrow. it has maxed it out faster than expected, - it out faster than expected, there are a couple of reasons for this. there are a couple of reasons forthis. new there are a couple of reasons for thi...

Doesn't cost to service it. 2021, the cost was $352 billion, by the time we get out here, $1.2 trillion to service that debt that means you have less wiggle room for spending elsewhere and other priorities. this is something that people really need to pay close attention to this. this is a problem from congress, they can't make the tough decisions because it will hurt. getting this pile under control will hurt, it means higher taxes or less spending. >> now all of a sudden the interest rate on all of the debt shot up so it's that much worse to have it. >> who owns the debt? >> the u.s. owns mo...

As they come out of that. and the level of debt that those businesses will exit with is so significant that many of them may fall over before the next two years are out. the government says it understands how difficult the pandemic has been for nightclubs and it continues to do everything it can to support them. it also points to what it calls an unprecedented £352 billion package of support. but uncertainty has consequences. for example, many clubs are refusing to check people's covid status as encouraged by the government, but worry that vaccine passports may become mandatory if cases rise....