BBCNEWS Business Briefing December 8, 2017
We start in washington where congress has passed a last minute bill to stop the government running out of money but only for two weeks. Now President Trump and the house have until december 22nd to thrash out long term deal on spending. Its all about whats known as the debt ceiling the countrys Borrowing Limit set by congress. Its a huge number around 20 trillion at the moment but apparently not huge enough. The government spends more than it makes in taxes and the treasury is very close to hitting that limit. If its not raised, bills will go unpaid, from medicare to salaries of federal employ...