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According to the Daily Treasury Statement for Friday, April 3, which was published by the U.S. Treasury on Monday, April 6, 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 21st 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.
The debt first hit $18,112,975,000,000, according to the Daily Treasury Statement, on March 13, which was the day Treasury Secretary Jacob Lew sent a letter to House Speaker John Boehner and other congressional leaders saying that he was planning to declare a “debt issuance suspension period.”
originally posted by: Enochstask
a reply to: xuenchen
Seems to me the Federal Reserve has a money problem not the United States. We can always change our currency.
originally posted by: stosh64
a reply to: lordcomac
When in doubt....buy ammo!
The sooner the fed Ponzi scheme implodes the better.
Is it possible to have johnwicks idea happen? Can you imagine the next POTUS saying.....yeah, sorry fed, we have our own BACKED currency now, controlled by the Congress.