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U.S. Public Debt Defies Gravity for 68 Days

Posted by feww on July 26, 2013

U.S. Federal Debt hit $16,738,105,803,858.21 on July 24: Daily Treasury Statement

The Total Public Debt Outstanding now exceeds the statuary debt ceiling by more than $38.68 billion.

  • As of May 19, 2013 the debt limit was increased to $16,699,421,095,673.60,  according to Treasury Department.

However, the U.S. federal debt has been kept unchanged at $16,699,396,000,000.00 for 68 straight days, an amount which is exactly $25 million less than the statuary debt limit, ETFGuide reported.

daily T statement
TABLE III-C – Debt Subject to Limit – DAILY TREASURY STATEMENT – Cash and debt operations of the United States Treasury – Wednesday, July 24, 2013.  

The US National Debt was more than $16,878 billion, with the debt per taxpayer calculated at $148,015, as of posting, according to usdebtclock.org.

 

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3 Responses to “U.S. Public Debt Defies Gravity for 68 Days”

  1. Fido said

    My Country said “Time for a new government.”

    It’s the economy, stup…
    You can change the government 50 times between now and December, and it won’t change a thing! They’d all act exactly the same way, as dictated by the “stretch economy!”

  2. […] U.S. Public Debt Defies Gravity for 68 Days […]

  3. My Country said

    Nothing our government does is legal. They can’t even follow their own rules and laws.

    Corruption and ineptitude are totally out in the open and running rampant.

    Time for a new government.

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