U.S. military spending contributes to rising debt ceiling: expert

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U.S. military spending contributes to rising debt ceiling: expert

STORY: U.S. military spending contributes to rising debt ceiling: expert DATELINE: June 10, 2023 LENGTH: 00:01:47 LOCATION: Islamabad CATEGORY: POLITICS SHOTLIST: 1. various of Capitol Hill in Washington D.C. 2. SOUNDBITE (English): AMER ZAFAR DURRANI, Former development specialist with the World Bank Group 3. various of streets and pedestrians in the U.S. 4. file footage of U.S. military STORYLINE: The climbing U.S. military spending is a key factor contributing to the country's rising debt ceiling, a former specialist with the World Bank Group said in an interview with Xinhua on Friday, referring to the last week's U.S. Congress bill to raise America's debt ceiling for the 103rd time since 1945. SOUNDBITE (English): AMER ZAFAR DURRANI, Former development specialist with the World Bank Group "Why they raise the limits on their spending? They're fighting more wars, so they need to spend more money on these wars. So usually the cycle is: go war, make multicountry war, and then the U.S. comes and spends. In

  • Product Code
  • ILEA001415601
  • Registered date
  • 2023/6/10 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
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