Posted on 07/30/2017 1:51:24 PM PDT by Hojczyk
Treasury Secretary Steven Mnuchin says federal borrowing limit must increase by Sept. 29, giving lawmakers little time after recess to act
Republicans are leaving town for an August recess after a failed attempt to repeal the Affordable Care Act. When they return in September, they’ll have just 12 working days to avert another big problem.
In a letter to lawmakers Friday, U.S. Treasury Secretary Steven Mnuchin said the federal borrowing limit, or debt ceiling, needed to be raised by Sept. 29 or the government risked running out of money to pay its bills.
(Excerpt) Read more at wsj.com ...
Why do will still worry about the debt? When the government needs money they just add a few digital zeros to the bottom line and print a few more dollars. No one’s going to fix this. Too many people on the dole. Let them go so we can get the pain over faster.
Can anyone explain to me why we even HAVE a "debt ceiling"?
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“Can anyone explain to me why we even HAVE a “debt ceiling”?]
Most intelligent question I’ve heard all day.
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because democrats and republicans are the same party. They just split the conventions because the buildings are not large enough.
They don't deserve this recess. They should stay in Wash. and do their jobs. Fund raisers, overseas junkets and all the other stuff can wait.
They work for us. And I, for one, don't think they have earned a "month off."
They should hang their heads in shame.
veto pen Donald
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