Treasury Has Kept Debt Frozen At Exactly $16,699,396,000,000 For Last 100 Straight Days

Cooking the books.

The Treasury Department's latest official daily accounting of the U.S. government's receipts, expenditures and borrowings–released this afternoon at 4:00 p.m.–indicates that the legally limited debt of the federal government has now been exactly $16,699,396,000,000 for 100 straight days.
The Daily Treasury Statement released today showed the status of the government's accounts as of the close of business on Friday, Aug. 23. Because the Treasury does no business over the weekend, the federal government's debt did not change on Saturday or Sunday.
The statement for Aug. 23 said the federal debt subject to the legal limit set by Congress was $16,699,396,000,000—or $25 million below the current limit of $16,699,421,000,000. Every Daily Treasury Statement since May 17 has also shown the legally limited debt at $16,699,396,000,000, or $25 million below the limit.
On May 17, Treasury Secretary Jack Lew sent House Speaker John Boehner a letter indicating that the Treasury was then hitting the legal limit on the debt and that he would begin using "extraordinary measures" to allow the government to continue borrowing money without exceeding that limit.
"In total, the extraordinary measures currently available free up approximately $260 billion in headroom under the limit, as described below," said an appendix to Lew's letter.
Keep reading…

Treasury Has Kept Debt Frozen At Exactly $16,699,396,000,000 For Last 100 Straight Days
http://weaselzippers.us/2013/08/26/treasury-has-kept-debt-frozen-at-exactly-16699396000000-for-last-100-straight-days/

John Hames

Comments

Daily on Defense: Zelensky cites new phase of war, poll shows strong support for Ukraine, Truce ends in Gaza, Tuberville targets woke officers

Follow us on Twitter View this as website BY JAMIE MCINTYRE ADVERTISEMENT ZELENSKY: 'WE DID NOT ACHIEVE THE DESIRED RESULTS': I n a wide-ranging interview with the Associated Press, conducted Thursday in the war-ravaged northeastern Ukrainian town of Kharkiv, President Volodymyr Zelensky offered a sobering assessment of the shortcomings of Ukraine's summer counteroffensive against Russian forces, while remaining resolute about the need to keep fighting. "We wanted faster results. From that perspective, unfortunately, we did not achieve the desired results. And this is a fact," Zelensky said. "We are losing people, I'm not satisfied. We didn't get all the weapons we

Daily on Defense: Border deal DOA, Ukraine aid in peril, Blinken back in Mideast, retaliatory strikes in Iraq and Syria, McKenzie’s advice to Biden

Follow us on Twitter View this as website BY JAMIE MCINTYRE ADVERTISEMENT FROM 'CATCH AND RELEASE' TO 'DETAIN AND DEPORT': After months of hard-nosed negotiation behind closed doors in the Senate, the text of a compromise $118 billion national security supplemental budget bill, which includes major concessions from the Democrats on border security and desperately needed aid for Ukraine, was released last night. Senators now have two days to read and digest it before a Wednesday vote. Sen. James Lankford (R-OK), the lead GOP negotiator, said the bill contains all the most vital reforms Republicans have demanded and called it a "once-in-a-generation opportunity to close our open border." "The bill provides funding to build the wall, increase technology at the border, and add more detention beds, more agents, and more deportation flights. The border security bil

Horror: Watch a Mother describe how California stole her daughter, transitioned her, and caused her death

Ivanka Trump ordered dropped from New York case and the libs are furious ͏ ‌ ͏ ‌ ͏ ‌ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ Horror: Watch a Mother describe how California stole her daughter, transitioned her, and caused her death Read Story Ivanka Trump ordered dropped from New York case and the libs are furious Read Story ADVERTISEMENT Writer gets whipped for complaining that new Indiana Jones flick doesn't discuss why Nazis are bad Read Story

Search This Blog