Debt Ceiling Raised to $16.994 Trillion in Latest Boehner Bill
A $2.7 trillion increase. I wonder how long it will really take to hit this new ceiling. Interest rates will soon skyrocket, which will result in skyrocketing funding requirements for the Treasury.
You know, at some point in time this debt has to start going down, not up. When will this be, I wonder? Will it go any more smoothly than this latest debacle?
We dodged a bullet there, didn't we
ReplyDeleteWe dodged a bullet by jumping into a fire, maybe.
ReplyDeleteYou know, at some point in time this debt has to start going down, not up. When will this be, I wonder? Will it go any more smoothly than this latest debacle?