Replies to post #124502 on ajtj99's Market Pulse

[bob3]

Treasury’s authority is the new $10.6 trillion debt ceiling. There is roughly a $1.1 trillion cushion between the new limit and existing federal debt of $9.5 trillion.

http://www.nytimes.com/2008/07/27/washington/27housing.html?_r=1&hp&oref=slogin