According to the Daily Treasury Statement for July 26, which the Treasury recently released, the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days.
That is approximately $25 million below the 'legal limit' of $16,699,421,095,673.60 that Congress has imposed on the debt.
What does that mean exactly? You don't suppose this administration is breaking a law do you? No. Couldn't be. If they were, certainly our Constitutionalist-minded leaders in Washington would do something. Right? I mean they took an oath and everything...on Bibles and Korans and such. They're all people of high moral character and principles. Most are attorneys dedicated to the rule of law. I'm confused.
The National Debt Clock, as of now, has the ND at $16.883 Trillion. So who'se BS-ing who?
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