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-   -   Our current administration is illegal (https://gfy.com/showthread.php?t=372123)

mardigras 10-14-2004 04:14 PM

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

Project-Shadow 10-14-2004 04:22 PM

Wow... Bush really fucked things up eh?

BRISK 10-14-2004 04:27 PM

:(

mardigras 10-14-2004 04:28 PM

They have a perfect solution.
US Government Seeks Higher Debt Limit

mookienow 10-14-2004 04:30 PM

Oppsies were breaking laws...
Lets change those next month.:feels-hot

xclusive 10-14-2004 04:31 PM

Kerry will cut that in half in 4 years...

TheJimmy 10-14-2004 04:33 PM

Quote:

Originally posted by mookienow
Oppsies were breaking laws...
Lets change those next month.:feels-hot


oh MY, what happuned to the "RULE OF LAW"


:1orglaugh :1orglaugh

Mike Okitch 10-14-2004 06:06 PM

When your cards are maxed out and need to borrow more, you call MasterCard and get your limit raised.

Why can't the government do the same?

Still, the minimum payment on that large a credit card bill would be fucking high :Graucho

NichePay_Manny 10-14-2004 07:00 PM

Yes Bush did fucked things up,big time.


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