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Posted on 8/21/17 at 9:15 am to GumboPot
quote:Now compare the cash on hand figures.
---Date----------------------U.S. Debt----------
01/20/2017---------$19,947,304,555,212.49
08/17/2017---------$19,845,188,460,166.77
LINK $382b on 1/20
LINK $82b as of 8/17
Cash on hand has gone down $300b, about 3x as much as the figure for the debt. Hence the need for a debt ceiling hike. Treasury is intentionally keeping less cash on hand to generate bullshite headlines for people like you to either believe or cynically spread (honestly not sure in your case).
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