Monday, the US Government officially maxed out its credit card. Federal spending hit the debt limit of $14.3 trillion, and for the first time Congress has not yet okayed another raise. Democrats warn of fiscal collapse if the limit isn’t raised, while Republicans warn of the same collapse if the debt limit is raised. In fact, the Treasury could free up over $230 Billion and keep the government solvent through August just with accounting gimmicks and juggling the books.
- Sure… the government can juggle the books to the tune of $230 billion. But if we try to juggle $230 bucks out of our income tax, we get audited!
- These guys are such good jugglers they should take a job with the circus… They’re clowns anyway!!!