National Debt levels off, hasn't increased for 5-1/2 months???

[Little-Acorn]

What happened?

When this has happened before, it was usually due to Republicans holding the line against Democrat demands to increase the legally allowed debt ceiling. And the screaming was deafening, as liberals (in both parties) castigated conservatives for interfering with their socialist tax-and-spend-and-borrow-and-spend-some-more utopia.

This time, not a word.

Why not? What's happening?

(Source: U.G. Government website "Treasury Direct": Debt to the Penny Daily History Search Application )

 

[Little-Acorn]

http://www.treasury.gov/initiatives/Documents/Treasury Letter to Congress 073015.pdf

Instant balanced budget.

That was easy!

Why do I get the feeing it won't last?

 

[ScienceRocks]

We're spending the least on infrastructure since 1990.
We have cut a shit load out of science
and our colleges and educational system is being cut to the bone...

Where did this money go? The op of course is only concern that these areas are getting anything at all. The op is a piece of filth.

 

[Little-Acorn]

National Debt levels off, hasn't increased for 5-1/2 months???

We're spending the least on infrastructure since 1990.
We have cut a shit load out of science
and our colleges and educational system is being cut to the bone...

TRANSLATION: I have no idea why the debt suddenly leveled off, so I'll throw out some vague assertions with no evidence, and hope somebody believes me.

The op of course is only concern that these areas are getting anything at all. The op is a piece of filth.

I'll also pretend I can read minds, in addition to my usual namecalling and attacks on the messenger.

 

[ScienceRocks]

National Debt levels off, hasn't increased for 5-1/2 months???

We're spending the least on infrastructure since 1990.
We have cut a shit load out of science
and our colleges and educational system is being cut to the bone...

TRANSLATION: I have no idea why the debt suddenly leveled off, so I'll throw out some vague assertions with no evidence, and hope somebody believes me.

The op of course is only concern that these areas are getting anything at all. The op is a piece of filth.

I'll also pretend I can read minds, in addition to my usual namecalling and attacks on the messenger.

It is a fact that infrastructure investment is as low as any period since the early 1990's. Wtf do you want??? The debt probably leveled off because we cut so fucking much out of things we need as a nation that the banks, wall street and crooks get their share without increasing it. This isn't a vague assertion unlike what you believe!! Cut, slash and burn!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Little-Acorn]

TRANSLATION: I have no idea why the debt suddenly leveled off, so I'll throw out some vague assertions with no evidence, and hope somebody believes me.
I'll also pretend I can read minds, in addition to my usual namecalling and attacks on the messenger.

It is a fact that infrastructure investment is as low as any period since the early 1990's. Wtf do you want??? The debt probably leveled off because we cut so fucking much out of things we need as a nation that the banks, wall street and crooks get their share without increasing it. This isn't a vague assertion unlike what you believe!! Cut, slash and burn!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

TRANSLATION: And when I get caught, I'll start curing and swearing, denying and denying, while still offering no evidence to back up my assertions.

Back to the subject:
As Lew has pointed out, he has run into the Federal law that caps the National Debt.

So he is draining various trust funds and retirement funds (making a mockery of the integrity and even the concept of a "Trust Fund") to try to keep the government spending as madly as it has been, hoping Congress will cave (as usual) and raise the debt limit instead of cutting spending. Then he will refill the trust funds he raided. He hopes. It's worked before.

 

[SuperDemocrat]

I honestly think that other governments just stop lending us money.

 

[ScienceRocks]

TRANSLATION: I have no idea why the debt suddenly leveled off, so I'll throw out some vague assertions with no evidence, and hope somebody believes me.
I'll also pretend I can read minds, in addition to my usual namecalling and attacks on the messenger.

It is a fact that infrastructure investment is as low as any period since the early 1990's. Wtf do you want??? The debt probably leveled off because we cut so fucking much out of things we need as a nation that the banks, wall street and crooks get their share without increasing it. This isn't a vague assertion unlike what you believe!! Cut, slash and burn!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

TRANSLATION: And when I get caught, I'll start curing and swearing, denying and denying, while still offering no evidence to back up my assertions.

Back to the subject:
As Lew has pointed out, he has run into the Federal law that caps the National Debt.

So he is draining various trust funds and retirement funds (making a mockery of the integrity and even the concept of a "Trust Fund") to try to keep the government spending as madly as it has been, hoping Congress will cave (as usual) and raise the debt limit instead of cutting spending. Then he will refill the trust funds he raided. He hopes. It's worked before.

What maybe happening may very well be criminal but it isn't our infrastructure, science, education or we the people that are getting the benefits of such. You're a blind idiot.

 

[g5000]

I honestly think that other governments just stop lending us money.

Really? Are you honestly that stupid?

 

[g5000]

US government records 51.8 billion budget surplus in June - US News

 

[occupied]

I honestly think that other governments just stop lending us money.

Are you one of those who think we crawl up to some foreign bank and ask for a loan? LOL they actually line up to bid on as many bonds as we can put up for auction.

 

[g5000]

The expected improvement this year reflects a strengthening economy, with tax revenue rising as more people find jobs and the government pays out less in unemployment benefits.

http://www.nytimes.com/2015/08/13/b...but-8-year-low-is-expected-for-year.html?_r=0

 

[AceRothstein]

I honestly think that other governments just stop lending us money.

Really? Are you honestly that stupid?

Have you seen some of the threads started by that poster?

 

[Rozman]

It's capped....

U.S. debt ceiling resets to 18 113 000 000 000 - Mar. 17 2015

 

[eagle1462010]

Cooking the books.............The Beast will be unleashed later this year during the primaries................so they can yell at the GOP trying to shut the Gov't down again..............Because they refuse to cut anything but the military..............

Extraordinary measures have been going on since March.

 

[OKTexas]

What happened?

View attachment 47296

When this has happened before, it was usually due to Republicans holding the line against Democrat demands to increase the legally allowed debt ceiling. And the screaming was deafening, as liberals (in both parties) castigated conservatives for interfering with their socialist tax-and-spend-and-borrow-and-spend-some-more utopia.

This time, not a word.

Why not? What's happening?

(Source: U.G. Government website "Treasury Direct": Debt to the Penny Daily History Search Application )

Treasury is playing numbers games. Look at the debt clock and tell me it's stopped.

U.S. National Debt Clock Real Time

 

[Rozman]

What happened?

View attachment 47296

When this has happened before, it was usually due to Republicans holding the line against Democrat demands to increase the legally allowed debt ceiling. And the screaming was deafening, as liberals (in both parties) castigated conservatives for interfering with their socialist tax-and-spend-and-borrow-and-spend-some-more utopia.

This time, not a word.

Why not? What's happening?

(Source: U.G. Government website "Treasury Direct": Debt to the Penny Daily History Search Application )

Treasury is playing numbers games. Look at the debt clock and tell me it's stopped.

U.S. National Debt Clock Real Time

I agree....
And the lefties here jumped all over me saying that the debt ceiling kicked in and that it is as high as it can go as allowed by law....

 

[eagle1462010]

 

[OKTexas]

What happened?

View attachment 47296

When this has happened before, it was usually due to Republicans holding the line against Democrat demands to increase the legally allowed debt ceiling. And the screaming was deafening, as liberals (in both parties) castigated conservatives for interfering with their socialist tax-and-spend-and-borrow-and-spend-some-more utopia.

This time, not a word.

Why not? What's happening?

(Source: U.G. Government website "Treasury Direct": Debt to the Penny Daily History Search Application )

Treasury is playing numbers games. Look at the debt clock and tell me it's stopped.

U.S. National Debt Clock Real Time

I agree....
And the lefties here jumped all over me saying that the debt ceiling kicked in and that it is as high as it can go as allowed by law....

They're are robbing from peter to pay paul, that can't go on forever and the debt will explode just like it did the last time they used these accounting tricks.

 

[Rozman]

The national debt is something that needs to be top of the list for the new President.Securing the border right after that.