Posted on 05/13/2023 4:18:53 PM PDT by ChicagoConservative27
The U.S. Treasury Department said on Friday that there is only $88 billion in extraordinary measures left for the government to pay its bills as of Wednesday, down from $110 billion a week earlier.
As of Wednesday, May 10, the U.S. is said to only have $88 billion left before it reaches the debt ceiling. Just one week earlier, there was said to be $110 billion left, meaning only about a quarter of the $333 billion of authorized measures are left for the government to use before hitting the debt limit.
(Excerpt) Read more at breitbart.com ...
They’re afraid the money train giveaway will dry up
I lost sympathy several trillion dollars ago
Imagine that? Being asked to spend within your means.
Not one penny more. Let Fed.gov operate with the many $$ Trillions it collects in taxes.
Time to default.
Have you seen the price of baloney these days?
Perhaps they could cash in some aluminum cans?
They’ll try their best to default
School loan forgiveness plan is about 373 billion
About what we abandoned in Afghanistan....
Stop paying the Senators and Congresscritters first. Then everybody in the DoE, EPA, BATF, FBI, und-und-und. No deferral BS, just don’t pay them.
Hmmmm....
Okay, I got it...
The BIDEN DEFAULT.
Gee, what happens when we’re all short on cash is we stop spending.
Wouldn't want to upset those skimming the cream now. would we? / s
For fiscal year 2022, interest on the national debt amounted to 8% of federal spending.
It’s going to be about the same for 2023.
So why aren’t they tapping into that other 92% to prevent default on the debt?
The answer must be because it’s more important to spend millions of your money on invading illegal alien “migrants” and to pay for Ukraine’s war with Russia.
“The Biden administration and congressional Republicans are making progress in their negotiations over federal spending and raising the debt limit, Treasury Secretary Janet Yellen said, adding that she believes the talks could result in an agreement.
“I’m hopeful. I think the negotiations are very active. I’m told they have found some areas of agreement,” Ms. Yellen said in an interview Saturday at the end of a gathering of finance ministers from the Group of Seven advanced democracies in Japan.”
Way to go, Joe!
That’s about 10 days the way the government spends money.
That would be failed up hack Yenta Yellen’s Dept. $crew her.
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