US plans $725 mn payment toward UN debt
The United States is planning to pay 725 million dollars toward its debt to the United Nations, a move that could provide some much-needed breathing room to an organisation facing a severe cash crunch. But here's the bigger picture: the U.S. Still owes the UN several billion dollars. The UN says Washington is behind by more than 4 billion dollars, while latest reporting puts the overall figure at around 5 billion dollars, including regular UN operations and peacekeeping.
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The national debt just surpassed $40 trillion, and Medicare — a taxpayer-funded federal health insurance program primarily for seniors — is a big part of the problem.
