Even if we weren’t spending more than we are taking in the debt should rise based on the interest accruing on the debt. What’s the interest on 16.6 trillion dollars for 100 days?
There is some ‘funny money’ stuff going on with the US economy. The FED is pumping 85 billion dollars a month into the stock market; they aren't giving the money to us even though they are printing it out of thin air. Why isn’t the debt going up just based on that?
The FED is doing it because as part of the government they are trying to pull us out of our economic woes, No, they are not part of the government. The FED is a conglomerate of private banks, they are not going to lose money trying to save the US economy.
The FED in fact wasn’t created with just the intention to make money, they were created to destroy the free United States of America not help it. Read ‘The Creature From Jekyll Island’ that details the diabolical creation of the FED in 1913. It’s a creation of the unholy trinity…the Jesuits, the Freemasons, and the Illuminati…
100 Days: Treasury Has Kept Debt Frozen at $16,699,396,000,000
By Terence P. Jeffrey
(CNSNews.com) - The Treasury Department’s latest official daily accounting of the U.S. government’s receipts, expenditures and borrowings--released this afternoon at 4:00 p.m.--indicates that the legally limited debt of the federal government has now been exactly $16,699,396,000,000 for 100 straight days.
The Daily Treasury Statement released today showed the status of the government’s accounts as of the close of business on Friday, Aug. 23. Because the Treasury does no business over the weekend, the federal government’s debt did not change on Saturday or Sunday.
The statement for Aug. 23 said the federal debt subject to the legal limit set by Congress was $16,699,396,000,000—or $25 million below the current limit of $16,699,421,000,000. Every Daily Treasury Statement since May 17 has also shown the legally limited debt at $16,699,396,000,000, or $25 million below the limit.
During the 100-day period from Friday, May 17 to Sunday, Aug. 25, according to the Treasury, the legally limited debt of the federal government did not change.
- See more at: http://cnsnews.com/news/article/100-days-treasury-has-kept-debt-frozen-16699396000000#sthash.qFnryNR0.dpuf
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