Posted on 10/16/2013 3:29:03 PM PDT by barmag25
(CNSNews.com) - Every business day since May 17, the U.S. Treasury has published a daily statement claiming that the federal debt subject to the limit set by Congress closed the day at $16,699,396,000,000—about $25 million below the legal limit.
Monday, the Columbus Day holiday, according to the Daily Treasury Statement released today, marked the 150th straight day that the Treasury has said the debt subject to limit was stuck at $16,699,396,000,000.
- See more at: http://www.cnsnews.com/news/article/terence-p-jeffrey/150-straight-days-treasury-says-debt-stood-still-16699396000000#sthash.XHVWZwVZ.dpuf
(Excerpt) Read more at cnsnews.com ...
They’ve admitted they’ve been raiding the TSP (civil-service “401k”) piggy bank, and that well runs dry tomorrow.
They need to hide that half-trillion; I’m guessing they’ll just add $100 billion times the number of months extension they’re adding.
The $500 billion won’t be recognized until after they’ve got a “final agreement”.
IOW, we had been past the debt ceiling since summer. Note, the country and the world economy didn’t collapse as all the elites were preaching. And NO ONE questioned it. The GOP-e didn’t and caved so this out of control spending can recklessly continue.
Is this just the debt ceiling, and therefore is meaningless?
Seems like this was planned months ago just like the thuggish behavior of the parks officers. I just have a hard time believing that the parks fiasco was not premeditated.
And lets not forget about the lack of chaplain service even thought it was to be preformed for free. Or how about the holding of the death benefit's for our fallen soldiers.
Lets face it the dems know how to play the weak GOP-e for suckers.
WE NEED NEW GOP LEADERSHIP AS THE CURRENT GOP HAS PROVEN INCOMPITANT!
Man, hell of a way to run a dog and pony show.
This was just the amount “on paper.”
Does anyone really know where all the money is and where are all off the accounts the money is kept?
Commie countries routinely make up their economic numbers...
Same idea behind never passing a budget - hide what you’re doing from the sheep.
Nyuk, Nyuk, Nyuk. We could probably get him to say that if we put it on the teleprompter.
From treasurydirect.gov:
Date Total Public Debt Outstanding
10/16/2013 16,747,360,549,057.23
10/17/2013 17,075,590,107,963.57
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