Thursday's Bill auction adds another $26 billion in net debt, the ceiling will be a tiny $40 billion off, or just one week's worth of net debt issuance away, which is why the Treasury just warned the debt ceiling will be breached in a few weeks.
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Scooped by L. Charles Burch onto MN News Hound |
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WASHINGTON, Dec 16, 2011 (IPS) - Defence Secretary Leon Panetta's suggestion that the end of the U.S. troop presence in Iraq is part of a U.S. military success story ignores the fact that the George W. Bush administration and the U.S. military had planned to maintain a semi-permanent military presence in Iraq. Delete the scoop?
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