How is the United States able to give billions to other countries when we are trillions in debt and how does it get approved?

Question

How is the United States able to give billions to other countries when we are trillions in debt and how does it get approved?

In: Economics

Answer 1

We can’t without consequences. Devaluing the dollar, increased inflation, lowering the standard of living, and weakening our ability to negotiate with hostile actors are all prices we have to pay in order to spend beyond our means.