The US is actually borrowing $5.3 Billion per day, not the $4 Billion Reported

By: dhancock (Diary)  |  January 3rd at 02:50 PM  | 

It’s worse than we thought. You may have been sickened by the reports that theUnited Stateswas borrowing money to cover its reckless spending at the rate of about $4 Billion per day.  But with some information that came out over the weekend it is very easy to see that the rate has increased dramatically. At the beginning of August, 2011, after much end-of-the-world talk, Congress | Read More »