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Government Corruption |
Treasury Warns of Need to Deal With National Debt Limit |
2021-05-06 |
[USNEWS] The Treasury Department says it will employ measures to avoid an unprecedented default on the national debt this summer, but officials say those measures could be exhausted “much more quickly” than normal given the unusual circumstances of the global pandemic. |
Posted by:Fred |
#11 If you seek to implement socialism, you must destroy the capitalist economy. That's cool! We're doing it for The People, after all. Uh... how long do we have before the money runs out? |
Posted by: SteveS 2021-05-06 20:16 |
#10 If you seek to implement socialism, you must destroy the capitalist economy. |
Posted by: Blackbeard Barnsmell6454 2021-05-06 19:31 |
#9 Treasury finally noticed? |
Posted by: rjschwarz 2021-05-06 19:11 |
#8 It cracked me up and then struck me with the enormity of how lost in space Bidet is when today, he actually said that he was "not a deficeit spender"! https://www.washingtonexaminer.com/news/no-deficit-spending-infrastructure-bill-biden |
Posted by: NoMoreBS 2021-05-06 18:27 |
#7 At some point the dollar will be so worthless it will cost more to print the dollar than its worth... It already costs them more to mint a penny than the face value of the coin. |
Posted by: Procopius2k 2021-05-06 17:36 |
#6 Face it. There is no way the current US National Debt can ever be repaid. Time to rearrange the deck chairs on the USS Titanic Debt. |
Posted by: Bubba Lover of the Faeries8843 2021-05-06 15:17 |
#5 Let me open the sealed envelope: "Raise Taxes Higher!" |
Posted by: magpie 2021-05-06 14:57 |
#4 At some point the dollar will be so worthless it will cost more to print the dollar than its worth... But it could explain why the Socialist-Democrats are pushing for a CASHLESS monetary system. eg. The US coinage was pretty much pulled off the market in early 2020 already. |
Posted by: NN2N1 2021-05-06 13:35 |
#3 It's not high enough! More stimulus! |
Posted by: CrazyFool 2021-05-06 12:56 |
#2 Prediction: they raise the mandated debt limit. |
Posted by: ed in texas 2021-05-06 12:47 |
#1 Never ever a thought to quit spending, even any new spending. |
Posted by: Procopius2k 2021-05-06 08:02 |