Posts tagged as:

Treasury Department

US Debt “Frozen” From May 17 Through Labor Day

July 16, 2013

When I want to look at the national debt, I just go here.  As of this writing, the national debt is about $16.87 trillion and rising. However, if you ask the federal government, the number is $16,699,396,000,000.  What’s weird is that this number hasn’t changed since May 17 (or 56 days ago), even though by [...]

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Trillion Dollar Coins. Seriously?

January 6, 2013

New York Democrat Representative Jerry Nadler and others are supporting the idea of the Treasury minting a trillion dollar platinum coin a few times and merely depositing them at the Federal Reserve so as to avoid a debate over the fiscal cliff.  What could go wrong! How did a rule mostly used for the creation [...]

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