U. S. debt nearing $15 trillion – Debt Clock Link

We are getting closer to the $15 trillion mark.  On about September 8. 2011, the Senate lifted the borrowing authority of the U. S. to $15.19 trillion.  This was supposed to get us through January, 2012.

Something will have to be done soon and they will do it on the sly if they can get away with it.  This clock is really spinning.  I wonder if it will last until January.  I perdict a Christmas Eve midnight ride when no one is looking.

http://www.usdebtclock.org/

“The U.S. Senate, in an unusual procedure, cleared the way Thursday for the U.S. to lift its borrowing authority by $500 billion to $15.19 trillion, enough to keep the support federal government borrowing through late January or early February.”

http://blogs.wsj.com/washwire/2011/09/08/senate-approves-500-billion-increase-in-borrowing-authority/?mod=google_news_blog

Posted:  11.03.11 @ 9:57 p.m.

1 Comment

Filed under Financial Crisis

One response to “U. S. debt nearing $15 trillion – Debt Clock Link

  1. Pingback: Federal debt now at $14,999,400,000,000 | Can I Just Finish My Waffle?

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