Rollin' Like Sisyphus

Sensing A Plot

Posted in The Fail Pail by Huckleberry on June 16, 2015

Something weird is afoot:

The portion of the federal debt that is subject to a legal limit set by Congress closed Thursday, June 11, at $18,112,975,000,000, according to the latest Daily Treasury Statement, which was published at 4:00 p.m. on Friday. That, according to the Treasury’s statements, makes 90 straight days the debt subject to the limit has been frozen at $18,112,975,000,000. $18,112,975,000,000 is about $25 million below the current legal debt limit of $18,113,000,080,959.35. The Daily Treasury Statement for March 13 was the first to show the federal debt subject to the limit closing the day at $18,112,975,000,000. Every Daily Treasury Statement since then has reported the same thing: the debt closing the day at $18,112,975,000,000. Every Daily Treasury Statement since Monday, March 16, has reported the debt beginning and ending each day at $18,112,975,000,000.

Of course, the key words there are “subject to the legal limit” though I’m sure government wouldn’t do anything as odious and untoward as lying about how they’re apportioning the accounting of debts both public and private.
All above board.
Nothing to see here.
Move along now.

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One Response

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  1. El Borak said, on June 16, 2015 at 12:01

    They have a lot of couch cushions in the Treasury department.


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