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U.S. TREASURY SAYS DEBT LIMIT TO BE RAISED BY $1.2 TRILLION
U.S. DEBT TO BE $100 BLN WITHIN LIMIT ON DEC. 30, TREASURY SAYS
STEPS FOR INCREASING DEBT LIMIT UNDER 2011 BUDGET CONTROL ACT
And the piece de resistance that 100% debt to GDP brings:
OBAMA ON DEC. 30 LIKELY TO ASK CONGRESS TO RAISE DEBT LIMIT
i predict that they might get away with doing this a few more times 2-4) but then people are going to start seeing how backwards and nonsensical it is to:
Awwww, puddin' you must be new here. Non-productive responses are down the hall and to the left.
Originally posted by Tw0Sides
Ya , because when the Repubs take over , it will be Unicorns and Rainbows.
Get a clue.
Originally posted by NeoVain
I guess this will continue to happen every 3 months until the American people wisen up, and elect Ron Paul.
Originally posted by camaro68ss
can you belive it, it was only 6 months ago from the last debt limit raise. The numbers are getting larger and the time span shorter.
Originally posted by marg6043
reply to post by metalshredmetal
Yes is now becoming an every other month issue, the same way that bailout loans to the EU countries are becoming also an every other month issue in order for the EU to keep working, remember also that the US fed feed the IMF that provide for those loans.
So no only is our government taking money to keep increasing our debt the Fed is also funding the debt of the EU.
edit on 27-12-2011 by marg6043 because: (no reason given)