Originally Posted by Cleudus
Wow your graph with no real news link, that looks like it was created by a republican government propaganda website is nice man. Here is a little something from the CBO, who I believe over any damn republican democrat political propaganda website. As it is independent.
"On September 25, 2013, the Treasury estimated that its ability to borrow under those extraordinary measures will be exhausted no later than October 17, leaving a cash balance of approximately $30 billion. CBO currently projects that the Treasury will exhaust all of the borrowing authority created by those measures, as well as its cash balance, between October 22 and the end of the month. (It is possible, however, that the date could fall outside of that range.) "
Cbo website. I can't post links or pictures.
So basically your full of shit. As these tax revenues to cover all our spending that your chart likes to show, is manufactured. Show me the link and back it up with a non conservative website please.
That actually corroborates the data that I posted. It doesn't refute it at all, I don't dispute any of these numbers. The CBO's figures look right. That doesn't mean that we'll default. We would have to choose to prioritize default in order for it to happen. And by "we" I mean Obama would specifically have to say "Don't pay the interest - let's default instead."
Ehyeh asher ehyeh.
"You and I are told we must choose between a left or right, but I suggest there is no such thing as a left or right. There is only an up or down. Up to man's age-old dream – the maximum of individual freedom consistent with order – or down to the ant heap of totalitarianism." -Ronald Reagan