The Partier-in-Chief just signed the debt limit suspension bill. There is now no limit on the National Debt until May 19. The National Debt hasn't increased more than $1 bn since December 31, 2012, and is now at $16.434 tn.
How much can he and Moochelle (and Jack "Flash" Lew) spend before the limits are put back in place? I think at least $566 bn, which would make the national debt a cool $17 tn.
===============
Update: 3/1/2013
Only 1 month into it and the total National Debt is at $16.687 tn. Only $313 bn to go, with 3 months left. I think we may even exceed $17 tn.
Isn't there a sequester supposed to be going on? It hasn't hit yet.
No comments:
Post a Comment