According to the Daily Treasury Statement for July 12,
which the U.S. Treasury released this afternoon, the federal debt that
is currently subject to a legal limit of $16,699,421,095,673.60 has
stood at exactly $16,699,396,000,000.00 for 56 straight days.
That means that for 56 straight days the federal debt has remained approximately $25 million below the legal limit.
Even though the portion of the federal debt that is subject to a
legal limit has not changed in almost two months, the Treasury has
continued to sell bills, notes and bonds at a value that exceeds the
value of the bills, notes and bonds it has been redeeming.
Read full article
No comments:
Post a Comment