Debt Stuck At Just Under 17 Trillion For 70 Days

Debt Stuck At Just Under 17 Trillion For 70 Days

Obviously we are idiots. If you don’t think they are cooking the books you are delusional and need immediate help.

That is approximately $25 million below the legal limit of $16,699,421,095,673.60 that Congress has imposed on the debt.

The portion of the federal debt subject to the legal limit set by Congress first hit $16,699,396,000,000.00 at the close of business on May 17. At the close of every business day since then, it has also been $16,699,396,000,000.00, according to the official accounting published by the Treasury Department.

If the debt had increased by even $30 million at any time during those 70 days, it would have exceeded the statutory limit. But, according to the Treasury, the debt did not do that. Instead, it remained precisely $16,699,396,000,000.00.

– See more at: http://cnsnews.com/news/article/70-straight-days-treasury-says-debt-stuck-exactly-1669939600000000#sthash.gdhUyFaX.dpuf

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