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mardigras · 10-14-2004, 04:14 PM

What is the debt limit?
The debt limit or ceiling is the legal amount -- set by statute -- up to which the government can go into debt. Currently it is set at $7.384 trillion. Increasing debt over this limit is illegal.

10/13/2004 $7,425,359,820,701.45

http://www.publicdebt.treas.gov/opd/opdpenny.htm

10-14-2004, 04:14 PM
mardigras Bon temps! Join Date: Feb 2003 Location: down yonder Posts: 14,194	Our current administration is illegal What is the debt limit? The debt limit or ceiling is the legal amount -- set by statute -- up to which the government can go into debt. Currently it is set at $7.384 trillion. Increasing debt over this limit is illegal. 10/13/2004 $7,425,359,820,701.45 http://www.publicdebt.treas.gov/opd/opdpenny.htm __________________ .