[freedomlover]

Treasury, which runs the government’s debt-issuance operation, is busy creating about $200 billion of headroom by employing what it calls “extraordinary measures.” That should cover about two months’ worth of borrowing.

---

So in other words, someone in Treasury is “reducing” spending by 200 billion?

“Fire up the ovens, boys, we got some cookin’ to do!!”

[CoastWatcher]

Excuse me, but what is the difference between a one trillion dollar coin and a trillion one dollar bills?

debt is debt.