The Conservative Cave
Current Events => Economics => Topic started by: obumazombie on April 26, 2015, 12:25:53 AM
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The debt is added to on a continuing basis.
So the ability to fudge numbers for owebuma goes well past just GDP and employment figures...
CNSNews.com) - According to the Daily Treasury Statement for Wednesday, April 22, which was published by the U.S. Treasury on Thursday, April 23, that portion of the federal debt that is subject to a legal limit set by Congress closed the day at $18,112,975,000,000—for the 40th day in a row.
$18,112,975,000,000 is about $25 million below the current legal debt limit of $18,113,000,080,959.35.
Table III-C on the Daily Treasury Statement for April 22 shows that the federal debt subject to the legal limit began April at $18,112,975,000,000, began the day of April 22 at $18,112,975,000,000 and closed the day of April 22 at $18,112,975,000,000.
(http://cnsnews.com/sites/default/files/imagecache/large/images/TABLE%20III-C-APRIL%2022-DTS-PHOTO_0.JPG)
In fact, every Daily Treasury Statement since March 13—which was a Friday--has said that the debt subject to the limit has closed the day at $18,112,975,000,000.
And every Daily Treasury Statement since Monday, March 16, has said that the debt has begun the day at $18,112,975,000,000 and closed the day at $18,112,975,000,000.
March 13, the first day the debt closed at $18,112,975,000,000, was the day Treasury Secretary Jacob Lew sent a letter to House Speaker John Boehner and other congressional leaders informing them that he was planning to declare a “debt issuance suspension period.â€
(http://cnsnews.com/sites/default/files/imagecache/large/images/TABLE%20III-C-MARCH%2013-DTS-PHOTO.JPG)
full article...
http://cnsnews.com/news/article/terence-p-jeffrey/40-days-treasury-says-debt-has-been-frozen-18112975000000 (http://cnsnews.com/news/article/terence-p-jeffrey/40-days-treasury-says-debt-has-been-frozen-18112975000000)
edit: title.
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There is no end to the lies that are Barry and his thugs.
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There is no end to the lies that are Barry and his thugs.
Yes, but how does he get all these agencies to cover for him.
A GOP president would be getting hounded out of office with an ongoing cover up of such miserable metrics from the owebumeconomy.