Tuesday, December 4, 2012

Debt Ceiling will be Reached Soon

Debt to the Penny reports the Real National Debt which on November 30th stood at 16.370 Trillion (underlined in purple) which is roughly 24 Billion below the Debt Ceiling of 16.394.  However due to some accounting tricks by the Government they typically subtract out around 31 Billion (underlined in blue) to keep the reported numbers lower than they actually are.



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