内容摘要：“It’s an historic day,” WHO chief Tedros Adhanom Ghebreyesus said after the vote.

“It’s an historic day,” WHO chief Tedros Adhanom Ghebreyesus said after the vote.

The federal deficit is how much more money the government spends than it brings in during a single year. A federal surplus would mean the US is bringing in more money than it is spending.The deficit grew sharply during Trump’s first term, especially in 2020 during the COVID-19 pandemic, when the government spent heavily while tax revenues dropped due to job losses. That year, the deficit reached nearly 15 percent of the entire economy (GDP).

Under former President Bill Clinton, there was a federal surplus – the result of favourable economic conditions such as the dot-com boom, as well as tax increases which raised more revenues.What are Treasury bills, notes and bonds?When the US wants to borrow money, it turns to the Treasury – the finance department of the federal government.

To borrow money, the Treasury sells various types of debt securities, such as Treasury bills, Treasury notes and Treasury bonds to investors.These securities are essentially loans made by investors to the US government, with a promise to repay them with interest.

US Treasuries have long been considered a safe asset because the risk of the US failing to repay its investors has been very low.

Different debt securities mature over different times – this is when the debt is repaid to the investor.Lopez Obrador had long clashed with Mexico's Supreme Court. During his six-year term, many of his signature policy proposals had come before the court.

In 2023, for instance, it ruled that Lopez Obrador could not use "national security" as an excuse to fast-track the construction ofin the Yucatan Peninsula.

Barely a month later, it also struck down a bill Lopez Obrador backed that would have slashed the funding of the country's