man can ths administration go through money !

dogtowner

Moderator
Staff member
Joined
Dec 24, 2009
Messages
17,849
Location
Wandering around
read

And before you ask, this is NOT the Onion.

Was it Hoyer who was saying this to be the last increase ? Is anyone driving the bus ?


WASHINGTON — The US debt is on track to hit a congressionally proposed debt ceiling of 14.3 trillion dollars by the end of February, the Treasury said Wednesday, a day ahead of a key vote to raise it to that level.


"Based on current projections, Treasury expects to reach the debt ceiling as early as the end of February. However, the government's cash flows are volatile, making it difficult to forecast a precise date," the Treasury said in a statement.


The current limit on the public debt of the United States is 12.374 trillion dollars.


The US debt exceeded 12.349 trillion dollars on Monday, according to Treasury data.
 
Werbung:
Of course, the public will get a little jittery about the deficit spending, and elect more Republicans next time around in the incorrect opinion that they are more "conservative" than the Democrat controlled Congress currently spending us into the poorhouse.

One hundred dollar bill weighs one gram. One thousand of them, then weigh one kilogram, and a million, being a thousand thousand, would weigh a metric ton and be worth a hundred million. Ten tons, then would be a billion, and ten thousand tons a trillion. Fourteen trillion dollars is one hundred forty thousand tons of hundred dollar bills. Load them into pickup trucks, half a ton each, space them on the highway every fifty two feet, and they would stretch across the country. The amount is mind boggling.
 
Of course, the public will get a little jittery about the deficit spending, and elect more Republicans next time around in the incorrect opinion that they are more "conservative" than the Democrat controlled Congress currently spending us into the poorhouse.

One hundred dollar bill weighs one gram. One thousand of them, then weigh one kilogram, and a million, being a thousand thousand, would weigh a metric ton and be worth a hundred million. Ten tons, then would be a billion, and ten thousand tons a trillion. Fourteen trillion dollars is one hundred forty thousand tons of hundred dollar bills. Load them into pickup trucks, half a ton each, space them on the highway every fifty two feet, and they would stretch across the country. The amount is mind boggling.



I think China and the rest of the world may 'just say no' to the spoiled brats on the Hill and make it a moot point.
 
Werbung:
Back
Top