Debt ceiling: What does the United States spend the most on?



This is how much the US spends on health care, the military, and education. WATCH the live stream of ABC News here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #abcnews #debt #DebtCeiling #JanetYellin #USSpending #MilitarySpending #HealthcareSpending #Congress #WhiteHouse

Original source (ABC/Youtube)

48 comments

  1. The government collects money for SSI. thats not tax money.
    thats funds mismanaged by Congress to create a slush fund.

    Congress borrows against 120% of what this country produces, then give it to foreign cabals like candy with side deals you know they have.
    The US currency is not a commodity.
    a law thats not enforced.
    the Fed should not be given the power ro devalue peoples savings or SSI . i dont think they have that power. Congres use it to create slush fund out of peoples savings & SSI.
    its illigal to send US dollars out of the country. another law not enforced.
    foreign governments with US Dollars cant demand anything from the US Gov for US dollars they have.
    thats credit towards purchasing US good. another law not enforced.
    the government can only barter the US goods the country produces. another law not enforced.
    Thats the good faith & Credit of the USA.
    They niggered US while enriching thier criminal cabals.

  2. Lots of discussion on spending and potential spending cuts… not much discussion on insisting Congress figure out ways to raise revenue.

  3. END IT ALL!! Social Security! Medicade! Etc.. stop spending money you don’t have! Its that damn simple!

  4. Spending too much on military.

  5. 🙏"The real lord prayer"
    Our Father, who art in heaven………
    forgive us our debts as we forgive our debtors……..

  6. They left out Revenue sharing with the states CA is a rich state and they get 125 billion In the Stimulus from 2000 to 2002 CA got and additional 550 billion This is what should be cut also the Gov has stolen 4.5 trillion from the Social Security trust fund

  7. Since 2002, the debt limit has been modified 20 times. In August 2019, the Bipartisan Budget Act of 2019 (BBA 2019; P.L. 116-37) suspended the debt limit through July 31, 2021. The limit was reset at just over $28.4 trillion at the beginning of August 2021 and was raised by $480 billion on October 14,

  8. Shut down this clown government, it's doing more harm than good…

  9. US people are living in the paradise, man. Their government keeps borrowing money from the others and spent on its people.

  10. How much cost the government nobody talk about that. Show us the numbers.

  11. The biggest debt is military and secret projects we know nothing about. America greed is another factor. One of the things I respect about Trump is that he wanted to bring jobs back to the US. But there is something sinister going on, and greed is one of them. This white patriarchal structure is falling, and I'm glad. These old pale white degenerates running America can cease to exist.

  12. We pay for the Medicare they don't this is bogus information

  13. Who's getting housing assistance no one I know of

  14. We've sent that much if not more to the Ukraine

  15. You rarely hear a democratic socialist opinion on the " debt ceiling " of the US government . If the government of the United States owned and controlled the industry and resources of the country, there could be no talk of this government owing some mysterious CREDITORS anything . To whom would we – with fear and trembling – owe money ? The Man in the Moon ?
    But our mind corrupting , bourgeois university professors cannot even imagine a more RATIONAL economic system. The American ruling class has fostered the most docile , subservient intellectual sub-class in human history. The Ivy League schools -like glorious Harvard University – specialize in mass producing professional enemies of the working class !
    Kids are constantly told to GET AN EDUCATION – in order to get ahead ? Ahead of everybody else in " OUR democracy " ?

  16. Notice how easily “the press Secretary “ passes the buck, ignoring the billions BIDEN has sent to the Ukraine (what does Zelenskyy have on the Biden crime syndicate, anyway?) while AMERICANS starve. Want to see what THEY really think of us? Ck “PinballPreparedness”, “PrepperNow” (especially‘Crisis Reports’).

  17. What did I just see at 2.20
    Ugh this country. It's becoming a joke

  18. The Money is fake and we’re all slaves.

    There’s your economics degree in one sentence.

  19. i know an easy way to have USA start to pay back their debt. take atleast 200 billion from the yearly military budget. find more money from the lobbying bribes and the bribes to keep big oil companies from getting stupidly ridiculous amounts of money every year. it still will take a long time to pay it off but you wont need to keep shutting down the government over these squabbles that happen every 1-2 years like clockwork.

  20. Nothing about the trillions that they blow in so called aid

  21. Health and income security make up 29% but hey don't really say what that is

  22. The $20b/month to Ukraine probably has a hand in it but what do I know

  23. Ukraine is giving US the pain.

  24. cutting social security, Medicaid, and Medicare are going to leave a lot of homeless and dead people.

  25. Spending on Frivolous things like aid to Foreign countries, studies on the mating habits of insects and the Like.

  26. HEAVEN OR HELL, YOU CHOOSE!
    Whoever repents of all his sins (turns from sins) and calls on the Name of the LORD, will be saved! He who died on a cross for the sins of the world, rose from the dead on the third day, and by His blood, whoever repents and believes, has full redemption of sins and eternal life!
    Today is the day of your salvation, repent and confess Jesus the Christ now as your Lord and be saved, because you broke the law but He paid your fine with His life's blood!

    For those with understanding: Matthew 24:40-41 will take place very soon, this is the sixth seal! This is the generation of the harpazo, rapture, and behold you will witness the trumpet blast that will make the sky recede as a scroll being rolled up! Therefore, be ready and be the five wise virgins, do not be the five foolish virgins! (Parable of the Ten Virgins.)

  27. Well, when you elect dummies that don't understand how a business works, this is what you get. The country is a business, bills have to be paid, and sometimes cuts have to be made. But, if that business practices efficiency, actual budgets, and responsible spending, we would never have this problem ever again. If you are part of this country, you must pay your fair share. Now I understand the conundrum of paying taxes. People would be more willing to pay their taxes if they knew the money was going to be spent in a proper way. And that all leads back to electing, and appointing, dummies who pretend to care about the country but do not.

  28. Stop sending money to Ukraine

  29. You forgot one, defense spending, and with that being the most you spend it on, why would you leave that one out. Fake News.

  30. The economic sector is too dependent on the arms industry… If other countries don't buy US weapons, the US loses… The only thing for the United States to survive is… they have to go to war… Something similar happened to the Roman empire and bronze age collapse…

  31. The guy from Poor dad rich dad said debt is good though lol

  32. Republicans are cheaters & autocratic in nature. Do they all pay taxes? There's nothing like getting a free ride at the expense of the people that can't protect themselves.

  33. 🤣😂😂🤣😂😂😂🤣
    20% kick back to grandfather

  34. How much money and weapons went to Ukraine????

  35. I wonder where the medical spending goes because it’s the worst 😂😂

  36. well we can eliminate 'helping working families', they don't spend a dime on that

  37. Bullshit. It spends the most money on bullshit.

  38. Legalize all drugs.
    Legalize prostitution.
    Legalize Term limits.
    Problem solved.

  39. LOL so it looks like Taxes just goes into paying Debt interest. At this rate debt is just gonna be unlimited. So if the other countries ask for their money?? US will just go to war.

  40. DOD is already at 1.1T this year

  41. 744 Billion a year is spent on welfare, one out of every five adults received some form of Government Assistance, why is that not included ?

  42. Borrowing more money to live better.