According to the Daily Treasury Statement for July 26, which the Treasury released this afternoon, the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days.
That is approximately $25 million below the legal limit of $16,699,421,095,673.60 that Congress has imposed on the debt.
The portion of the federal debt subject to the legal limit set by Congress first hit $16,699,396,000,000.00 at the close of business on May 17. At the close of every business day since then, it has also been $16,699,396,000,000.00, according to the official accounting published by the Treasury Department.
If the debt had increased by even $30 million at any time during those 70 days, it would have exceeded the statutory limit. But, according to the Treasury, the debt did not do that. Instead, it remained precisely $16,699,396,000,000.00.
Full Story:
http://cnsnews.com/news/article/70-s...69939600000000
Hello fellow Ron Paul supporters!
Thread Starter: Donna D'ErricoI just wanted to extend a greeting to everyone here, and to thank everyone for all that they are doing to spread the word about Ron Paul. I am a huge supporter, and am honored to be a part of the movement to get him elected President. ~Donna D'Errico
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