It's nothing short of a miracle, right?
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.
Since no one in the Obozo Administration would lie or cheat, or massage the numbers, we can take the numbers at face value, meaning that it is a miracle!
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Didn't we have this discussion before? It is a massage forced by the debt limit, which, if one ignores the 3 1/2 months there was no debt limit and the debt increased by nearly $300 billion despite falling in the heart of tax season, extends back to mid-December.
Look for a massive jump as soon as the debt ceiling is raised.
Or it could be that as the economy is (slowly) improving and revenues are increasing that we may be having a period where borrowing is not necessary.
TO: AnnAnus 7/30/2013 5:14 PM:
What über liberal asshole did you crawl out of, you pinworm of revelations?!
Fuck you, Anonymous 5:14. I'm going to shove my uncircumcised cock up your ass.
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