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90 Days: Treasury Says Debt Has Been Frozen at $18,112,975,000,000
CNSNews.com ^ | June 15, 2015 | 12:48 PM EDT | Terence P. Jeffrey

Posted on 06/15/2015 10:19:03 AM PDT by SaveFerris

(CNSNews.com) - The portion of the federal debt that is subject to a legal limit set by Congress closed Thursday, June 11, at $18,112,975,000,000, according to the latest Daily Treasury Statement, which was published at 4:00 p.m. on Friday.

That, according to the Treasury's statements, makes 90 straight days the debt subject to the limit has been frozen at $18,112,975,000,000.

$18,112,975,000,000 is about $25 million below the current legal debt limit of $18,113,000,080,959.35.

(Excerpt) Read more at cnsnews.com ...


TOPICS: News/Current Events
KEYWORDS: crashamerica; debt; economy; financialchains; howlong; kaboom; obama; spend; treasurydept; usdebt
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See? All of you doubted Obama's plans.

It's frozen. So the economy keeps getting better and better.

Wait a minute, more instructions coming from the MSM Central Command:

Now, if one of you with $18 Trillion dollars cash (and change) could just step forward and pay this.

Oh, and we'll need $120 Trillion dollars or so for unfunded liabilities.

Thanks in advance.

1 posted on 06/15/2015 10:19:03 AM PDT by SaveFerris
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To: SaveFerris
Oh, and we'll need $120 Trillion dollars or so for unfunded liabilities.

That, or repeal the damn things.

2 posted on 06/15/2015 10:21:39 AM PDT by NorthMountain ("The time has come", the Walrus said, "to talk of many things")
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To: SaveFerris

If only my credit card company’s allowed me to report how much debt I have outstanding.


3 posted on 06/15/2015 10:23:02 AM PDT by Raycpa
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To: SaveFerris

So this means all deficit spending has stopped, right...?


4 posted on 06/15/2015 10:23:21 AM PDT by navyguy (The National Reset Button is pushed with the trigger finger.)
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To: SaveFerris

Well thank goodness! The nation could not survive 18.0000001 trillion...


5 posted on 06/15/2015 10:23:25 AM PDT by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: Raycpa

Yeah. Can I have my credit card balance frozen so I can go on a spending spree with it?.../s


6 posted on 06/15/2015 10:24:20 AM PDT by jsanders2001
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To: Raycpa

The important thing is how much debt do you “feel” like you have?


7 posted on 06/15/2015 10:25:19 AM PDT by moovova
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To: SaveFerris

Hrrrrrrrmmmmm ... I’m starting to think that maybe we shouldn’t trust their numbers ...


8 posted on 06/15/2015 10:25:21 AM PDT by ClearCase_guy (Claire Wolfe should check her watch. It's time.)
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To: SaveFerris
US National Debt Clock
9 posted on 06/15/2015 10:30:11 AM PDT by TexasCajun (Hillary: Ethically Sleazy & Politically Stupid)
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To: SaveFerris

I have no idea if I’m off base on this one but if say, (heaven forbid) we go into another war, like Jeb Bush gets in and says we should or Obama decides so or somehow somebody decides we should...or it becomes somehow necessary we must...

then the debt will increase, correct?

Saying this because it seems there is a big push on Jeb and the middle east is so screwy.


10 posted on 06/15/2015 10:31:00 AM PDT by Beowulf9
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To: ClearCase_guy

LOL! Nice. Subtle.


11 posted on 06/15/2015 10:31:34 AM PDT by Lee'sGhost ("Just look at the flowers, Lizzie. Just look at the flowers.")
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To: TexasCajun

I just get mad when I go there.


12 posted on 06/15/2015 10:32:06 AM PDT by Delta 21 (Patiently waiting for the jack booted kick at my door.)
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To: navyguy

Yes, we’re saved!

It’s a brilliant plan!


13 posted on 06/15/2015 10:32:51 AM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: SaveFerris

I guess those financial geniuses who run things saw that Discover card commercial on TV where you can just freeze everything by the push of a button.


14 posted on 06/15/2015 10:34:48 AM PDT by AmusedBystander (The philosophy of the school room in one generation will be the philosophy of government in the next)
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To: NorthMountain

Oh, I’m sure they have no intention of honoring those things when the crash comes. It will be their excuse.

I’m just wondering how long we have until then.............


15 posted on 06/15/2015 10:34:56 AM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: AmusedBystander
Hey! It's like a reset button! Of course, the translation might be off a bit.


16 posted on 06/15/2015 10:36:33 AM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: ClearCase_guy

My immediate thought is that they have redefined something so it doesn’t show up here.


17 posted on 06/15/2015 10:36:41 AM PDT by ican'tbelieveit
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To: TexasCajun

Hey, we’re only up $155 billion. Pocket change. /s

I was trying to copy the current number.


18 posted on 06/15/2015 10:39:33 AM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: SaveFerris

Lying.

High crime.


19 posted on 06/15/2015 10:42:10 AM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: NorthMountain

And $64 trillion on top of that for reparations:
http://www.freerepublic.com/focus/f-bloggers/3300263/posts


20 posted on 06/15/2015 10:45:30 AM PDT by fieldmarshaldj (Resist We Much)
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