Monday, October 25, 2021

And It's Gone

 The debt limit was at $28.428 trillion since July 31, 2021.  To avert a crisis, McConnell agreed to raise the debt limit by $480 billion, which was supposed to fund the government through December 3, 2021.  Biden signed this on October 14.

How long do you think it would take the government to spend the $480 billion?  Well, the Debt to the Penny limit hit $28.908 trillion on October 22.  So it only took 8 days.  

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