Debt ceiling lifted, and the same day, debt jumps $339B

The Washington Examiner ^ | 11/3/2015 | PETE KASPEROWICZ

[Beave Meister]

The U.S. national debt jumped $339 billion on Monday, the same day President Obama signed into law legislation suspending the debt ceiling.

That legislation allowed the government to borrow as much as it wants above the $18.1 trillion debt ceiling that had been in place.

The website that reports the exact tally of the debt said the U.S. government owed $18.153 trillion last Friday, and said that number surged to $18.492 on Monday.

The increase reflects an increasingly common pattern that can be seen in the total U.S. debt level when the debt ceiling is reached.

[Beave Meister]

They just don't get it. They still think it's Monopoly money.

[dp0622]

$18.5 trillion???

We’re no. 1, we’re no. 1!!!!

well, Japan has 200 percent of gdp debt.

But guys, I KNOW WE CAN DO IT!!!

[Jet Jaguar]

Bump

[oblomov]

This country is pathetic.

[SaveFerris]

Oh, they get it.

They’re already prepped for when the music stops.

Until then, they party like it’s 1999.

[4Liberty]

Wow, Who knew after 4 decades.

[Beave Meister]

[Brilliant]

I guarantee you that the government did not spend $339 billion in one day. Which shows that the “debt to the minute” calculator is a fraud.

[Twinkie]

Obama promised to “fundamentally change this country”;
and looks like not for the better.

[WENDLE]

Thank you RINOS!! You are now finished. It is over for you capitulating collapsing pieces of CRAP!! Go the HELL!! Trump now!—

[dljordan]

“They just don’t get it. They still think it’s Monopoly money. “

No rational human being would do something like this. It’s like they know it doesn’t matter and it will mean nothing soon.

[Norm Lenhart]

Oh look. More lesser evil. Thank the lesser evil idiots that demanded GOP no matter what. They helped create this. they should take responsibility.

[WENDLE]

Republicrats have now presided on the total ruination of our country!! 4.2 TRILLION Dollars in DEBT in 3 damned years. THAT IN NOT WHAT WE ELECTED YOU TO DO!! WE ARE PISSED AND WE ARE TRUMP!! GET THE HELL GONE!!

[Norm Lenhart]

Obama did not do this alone. The GOP lesser evils that the lib crew demanded are the ones that handed him the cash to spend.

Obama could have spent exactly NOTHING without it being approved by Mitch, Jonbon and now Romney Jr.

[Lurker]

Evidence please.

[Norm Lenhart]

Yea well some on FR warned people about that. And we were right.

Now people are pissed...at us. For being right. And here we just thought we were doing what conservatives are supposed to do. Stopping liberals.

Imagine our surprise.

[bgill]

Heck, just take down the ceiling altogether. It of no use and a waste of time in this administration. Just like the Constitution and Congress are a waste of time and effort to them. All they need is a stack of blank EO forms and a rubber BO signature stamp.

[Former Proud Canadian]

Beave, bad news. It either is monopoly money or fast becoming so.

[smartyaz]

[KarlInOhio]

"The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents - number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back - $30,000 for every man, woman and child.

That's irresponsible. It's unpatriotic."

- Barack Obama, July 3, 2008