Total US Debt Hits All Time Record $14,615,567,348,203.71, $28 Billion Higher Overnight

ZeroHedge ^ | 8/16/2011 | Tyler Durden

[mojito]

Good thing the whole debt ceiling fiasco taught Tim Geithner a thing or two about being frugal, or else today's $28 billion increase in total debt to a new all time high of $14,615,567,348,203.71 may have been far, far worse. At least congress still has $127 billion in dry powder before it has to authorize the extension of the interim debt ceiling cap of $14.694 trillion.

[mojito]

I'm sure that our fearless leader is eager and anxious to have another debt ceiling negotiation, right in time for the Democratic nominating convention next year.

Those will be some real good times.

[cranked]

All those collective idiots in D.C. should be proud, I tell ya, proud. /s =.=

[TwelveOfTwenty]

And it doesn’t occur to the lefties that THIS is why our credit rating was downgraded.

[CharlyFord]

There ain't enough money! They are going to run out before the Nov. 2012 election. They're gonna have to raise the debt ceiling beyond the already approve $2.4Trillion increase just approved.

They are turning us and future generations into Debt Slaves!

[Delta 21]

You guys gotta see this.