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Here We Go Again: US $25 Million Away From Debt Ceiling Breach

Posted By admin On January 6, 2012 @ 4:11 am In Money Watch | Comments Disabled

Zero Hedge [1]
January 6, 2012

It’s simply amazing how quickly the US managed to hit its debt target, pardon, debt ceiling [2]all over again…And now the Social Security Fund pillaging begins anew until Congress signs off on the latest interim debt ceiling increase.

Here We Go Again: US $25 Million Away From Debt Ceiling Breach Debt%20limit [3]

 


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URL to article: http://www.prisonplanet.com/here-we-go-again-us-25-million-away-from-debt-ceiling-breach.html

URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/here-we-go-again-us-25-million-away-debt-ceiling

[2] debt ceiling : https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=12010400.pdf

[3] Image: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2011/12/Debt%20limit.jpg

[4] White House Defends Obama’s Senate Vote against Raising Debt Ceiling But Warns of Catastrophe If GOP Doesn’t Raise Debt Ceiling: http://www.prisonplanet.com/white-house-defends-obama%e2%80%99s-senate-vote-against-raising-debt-ceiling-but-warns-of-catastrophe-if-gop-doesn%e2%80%99t-raise-debt-ceiling.html

[5] Total US Debt Hits $14.195 Trillion, $99 Billion Away From Debt Ceiling; Treasury Revises Breach Date To As Soon As April 15: http://www.prisonplanet.com/total-us-debt-hits-14-195-trillion-99-billion-away-from-debt-ceiling-treasury-revises-breach-date-to-as-soon-as-april-15.html

[6] Debt Ceiling Tragicomedy Resumes: On Today’s Symbolic, And Doomed, $2.4 Trillion Debt Ceiling Vote: http://www.prisonplanet.com/debt-ceiling-tragicomedy-resumes-on-todays-symbolic-and-doomed-2-4-trillion-debt-ceiling-vote.html

[7] Instead of Funding Retirement Accounts As Mandatory, Treasury Proceeds To Plunder The Most Since Debt Ceiling Breach: http://www.prisonplanet.com/instead-of-funding-retirement-accounts-as-mandatory-treasury-proceeds-to-plunder-the-most-since-debt-ceiling-breach.html

[8] Senate Attempt To Block Debt Ceiling Increase Fails: Debt Target Is Now $15.2 Trillion, Or Over 100% Of GDP: http://www.prisonplanet.com/senate-attempt-to-block-debt-ceiling-increase-fails-debt-target-is-now-15-2-trillion-or-over-100-of-gdp.html

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