Treasury: Debt Up $0 in August; CBO: But Deficit Was $146B September 9, 2013 - 4:04 PM Despite this deficit spending, the Treasury reported that at the close of every single business day in August, the federal debt subject to a legal limit by Congress remained exactly $16,699,396,000,000. That is approximately just $25 million below the legal limit on the debt that is $16,699,421,095,673.60 In fact, according to the Daily Treasury Statements that the Treasury publishes at 4:00 p.m. on each business day, the debt subject to the legal limit has remained at exactly $16,699,396,000,000--or about $25 million below the legal limit--every day since May 17.
Posted on: Tue, 15 Oct 2013 02:11:20 +0000