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Debt exactly $16,699,396,000,000 for 56 days

Posted By -NO AUTHOR- On 07/16/2013 @ 4:26 am In Money,Politics,U.S. | No Comments

(CNSNEWS) — 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.

WND note: It’s time to tell the clowns in Washington you’re fed up, and you demand “No More Red Ink!”

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