News Focus
News Focus
icon url

Zeev Hed

03/08/03 12:02 PM

#9889 RE: Rick Faurot #9883

As of the end of February, we were $25 MM under the statutory limit of $6.4 Trillions, since the end of December we are holding roughly at that level (give or take few tens of billions), meaning that the treasury is in full swing of using various accounting tactics not to show the real debt, how come the media is not telling us that the Feds are within $25 MM of breaching the statutory debt ceiling?

http://www.publicdebt.treas.gov/opd/opds022003.htm

Zeev