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Treasury Issues Updated Debt Limit Projections
US Treasury Press Center ^ | 3/1/2011 | US Treasury

Posted on 03/03/2011 3:21:11 AM PST by Zeddicus

3/1/2011
WASHINGTON - Today, Mary Miller, Assistant Secretary for Financial Markets at the U.S. Department of the Treasury, issued the following update regarding the projected dates by which the United States will reach the statutory debt limit:

“The Treasury Department now estimates that the United States will reach the debt limit between April 15, 2011 and May 31, 2011. As announced at the February Quarterly Refunding, Treasury will update this projection at the beginning of each month.”​


TOPICS: Business/Economy; Government
KEYWORDS: debtceiling
This NEXT MONTH, folks.

Will the republican House have the cojones to say "no" to another increase of the debt ceiling?

1 posted on 03/03/2011 3:21:14 AM PST by Zeddicus
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To: Zeddicus
Will the republican House have the cojones to say "no" to another increase of the debt ceiling?


2 posted on 03/03/2011 3:24:50 AM PST by paulycy (Islamo-Marxism is Evil.)
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To: Zeddicus

From “Little Shop of Horrors”

Listen to the promises

http://www.youtube.com/watch?v=BGRN39oifsE

See the consequences

http://www.youtube.com/watch?v=bLO7IxKwruc&NR=1

Each is about 5 minutes.


3 posted on 03/03/2011 3:40:53 AM PST by paint_your_wagon
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To: Zeddicus
Will the republican House have the cojones to say "no" to another increase of the debt ceiling?

Count me as a stay-at-home on election day if they blow this opportunity.

4 posted on 03/03/2011 4:16:51 AM PST by Rapscallion (The founders gave us the tool of impeachment for a reason. Now more than ever.)
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To: Zeddicus

Hells bells April 15. Obama will try to spend the US into Oblivion even before that date.

Get on the phone today Here is House Speakers John Boehner’s number for comments press 2 to speak to a human, if the wait time is too long or they are too swamped, you will redirected back to comments which is press 1.
202-225-0600


5 posted on 03/03/2011 4:32:03 AM PST by hondact200 (Candor dat viribos alas (sincerity gives wings to strength) and Nil desperandum (never despair))
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To: Zeddicus

If they get at least 1.5T out of the budget by then I could personally forgive a debt ceiling raise. That’s just me.


6 posted on 03/03/2011 4:42:26 AM PST by fruser1
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To: Zeddicus
I've been watching the GOP squeeze a paltry $40B, or $60B, or $100B out of the budget. People say, "Well, we're talking about this year's budget. There's only so much they can do right now on this year's budget."

Fine. But at some point, the GOP has to show that it is deadly serious about curtailing future spending. As far as I'm concerned, the debt ceiling is the main play. If they raise it, then the GOP isn't serious about cutting spending.

7 posted on 03/03/2011 4:55:54 AM PST by ClearCase_guy
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To: Zeddicus

Between April 15, 2011 and May 31, 2011?

I’m better at predicting the next 60,000 mile inspection for my truck.


8 posted on 03/03/2011 4:56:36 AM PST by MontaniSemperLiberi (Moutaineers are Always Free)
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