Friday, July 26, 2013

Good, Bad, Indifferent ...

...does anyone else feel that something is not quite right when the Federal debt has not changed in 68 days?
U.S. federal debt has been stuck at $16,699,396,000,000.00 for 68 straight days, according to the Daily Treasury Statement on July 24. That amount is exactly $25 million less than the legal borrowing limit of $16,699,421,000,000.00 set on May 17, 2013. 
When a number, any number like this, stays at exactly the same amount for 68 straight days, I can only think that some shenanigans are going on.  The government says they are moving funds around to keep the debt limit where it is, but this is very, very good footwork -- especially for bureaucrats.

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