Treasury: US Debt Remains Same for 56 Days?

Posted in the Columbus Forum

“animis opibusque parati”

Since: Oct 12

Location hidden

#2 Jul 15, 2013
p2

In his May 18 letter, Lew warned Boehner that the Obama administration would not negotiate with the House to curtail spending in exchange for giving Obama new authority to borrow additional money.

“I want to reemphasize what the president has said repeatedly regarding any threats to cause default in order to extract policy concessions from the Administration,” Lew warned.“We will not negotiate over the debt limit.”

Tomorrow, the U.S. Treasury will again report that the public debt subject to limit is exactly $16,699,396,000,000.00.

“animis opibusque parati”

Since: Oct 12

Location hidden

#5 Jul 30, 2013
Hello...America?

via CNS News:

Treasury: Debt Has Been Exactly $16,699,396,000,000.00 for 70 Days

According to the Daily Treasury Statement for July 26, which the Treasury released this afternoon, the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days.

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.

Even though the government's official accounting of the debt has not budged for 70 days, the Treasury has continued to sell bills, notes and bonds at a value that exceeds the value of the bills, notes and bonds it was redeeming....
VADoc

Aiken, SC

#6 Jul 30, 2013
-tip- wrote:
Hello...America?
via CNS News:
Treasury: Debt Has Been Exactly $16,699,396,000,000.00 for 70 Days
According to the Daily Treasury Statement for July 26, which the Treasury released this afternoon, the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days.
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.
Even though the government's official accounting of the debt has not budged for 70 days, the Treasury has continued to sell bills, notes and bonds at a value that exceeds the value of the bills, notes and bonds it was redeeming....
Yep another shell game.

“animis opibusque parati”

Since: Oct 12

Location hidden

#7 Jul 30, 2013
VADoc wrote:
<quoted text>
Yep another shell game.
Apocalypse in one picture.
The route to economic demise is depicted below:

http://directorblue.blogspot.com/2013/07/apoc...

Since: Dec 11

Middletown, OH

#8 Jul 30, 2013
Smoke and mirrors as usual. Creeps. When will the adults stand up. O when.

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