Behind the scenes, GOP leaders have touted that time frame as a selling point with their members, because it may give them another opportunity to make more demands of the White House. Instead, the president wants a clean debt ceiling vote without provisions to rein in spending, hardly surprising from someone who has just proposed a budget that includes reaching a record $10 trillion in spending by 2033. 5 facts about the U.S. national debt | Pew Research Center House Speaker Kevin McCarthy has unveiled a sweeping package that would raise the nations debt limit by $1.5 trillion into next year. IRA FLATOW: OK, well, speaking of that being very far off, you have an option you call discover a new reality. And that is let me read from the book to break or fill the gaps in the standard model of particle physics to understand the missing 95% of reality. So its just a matter of having enough money to do that? In the fourth quarter, GDP increased YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. WebHow To Spend a Trillion Dollars is both original and ingenious. I may do some traveling to scout out some investment opportunities. And then youll get new ideas, and the thing will start rolling on. Are you targeting them? Although its a thought experiment, the book is very much about solutions to global problems. Heres how. I will likely purchase some pieces that are recommended by an expert for their value. House Republicans would raise the debt ceiling by $1.5 trillion, or suspend it until March 31, 2024, whichever occurs first. Heres what you can do about it, and how to balance individual and systemic action. I might bid on some trips or adventures at a charity event. Speaker McCarthy unveils $1.5T debt bill, pushes toward vote OK, so lets narrow it down just a bit. Trillion Spending A few people have suggested that. This cookie is installed by Google Universal Analytics to restrain request rate and thus limit the collection of data on high traffic sites. The game presents Musks net worth, which you can spend on an array of different items by clicking on them as fast as you can. But the book isnt so much about raising the money. Senate Majority Leader Chuck Schumer described it as "dead on arrival," asSenate Democrats won't agree to the GOP spending cuts. However, given the direction of current spending, the CBO baseline projects the annual deficit will be over $1 trillion dollars through 2029, and then it goes over $2 trillion dollars for the years spanning 2030-2033. Im Ira Flatow. How far can a trillion dollars take you there? ROWAN HOOPER: Yeah. Trillion-dollar deficits: Biden's new normal - Roll Call This cookie is managed by Amazon Web Services and is used for load balancing. SPEND A TRILLION DOLLARS Once your 30 seconds is up, you're presented with a set of results that show what you bought and how much of Elon's balance is remaining. This cookie is set by the provider Akamai Bot Manager. IRA FLATOW: Nice to have you. If youre a regular listener to the program, you have heard me ask researchers the question I call the blank check question. Imagine I gave you unlimited resources, a blank check, to spend on your research. That COVID funding was to sunset as the country returned to normal as it did last year.