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FRONT PAGE  |  5/2/2016
TUESDAY, JUL 16, 2013  |  1 comments
Treasury: Debt Has Been Exactly $16,699,396,000,000.00 for 56 Days
According to the Daily Treasury Statement for July 12, which the U.S. Treasury released this afternoon, the federal debt that is currently subject to a legal limit of $16,699,421,095,673.60 has stood at exactly $16,699,396,000,000.00 for 56 straight days.

That means that for 56 straight days the federal debt has remained approximately $25 million below the legal limit.

Even though the portion of the federal debt that is subject to a legal limit has not changed in almost two months, the Treasury has continued to sell bills, notes and bonds at a value that exceeds the value of the bills, notes and bonds it has been redeeming. ...


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News Item7/16/13 7:08 AM
Christopher000 | Rhode Island  Find all comments by Christopher000
Bull. I think Washington just has some very creative accountants and believe that things are even worse than we are aware.
Bunch of thieves.
1
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