US May Not Be Able to Pay "Country's Bills" ??? After November 3 - White House
The United States will be unable to pay its bills if the US Congress does not increase the country’s debt ceiling by November 3, White House Press Secretary Josh Earnest said in a briefing on Thursday.
WASHINGTON (Sputnik) — Previously, the US Treasury has set the deadline for the country’s debt limit increase for November 5.
On Wednesday, the US Congressional Budget Office said that the 'Treasury' would face low cash balance in early November and will exhaust its resources by the first half of the month if Congress does not raise the country’s debt ceiling. (AGAIN? Even MORE debt?!)
Republicans and fiscal conservatives in Congress, which has the sole authority to raise the debt ceiling, have threatened to cap the limit unless the White House agrees to budget spending cuts.
At present, the US debt stands at $18.4 trillion
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I can't afford to pay on that debt - CAN YOU? We didn't create that debt - the criminal cabal in Wash DC created that debt - let them pay it off or pay the consequences.
“By November 3, the United States will exhaust our borrowing capacity and…it would put the United States at real risk for the very first time in our history of not being able to pay our bills,” Earnest said.
(WHAT??!! This is a regular routine for the whore house and staff - every six months or so there is a 'risk' of 'government shut down of the rogue make believe 'government' and the implication that it is OUR fault that THEY have 'over spent.')
On Wednesday, the US Congressional Budget Office said that the 'Treasury' would face low cash balance in early November and will exhaust its resources by the first half of the month if Congress does not raise the country’s debt ceiling. (AGAIN? Even MORE debt?!)
Republicans and fiscal conservatives in Congress, which has the sole authority to raise the debt ceiling, have threatened to cap the limit unless the White House agrees to budget spending cuts.
At present, the US debt stands at $18.4 trillion
***************************
I can't afford to pay on that debt - CAN YOU? We didn't create that debt - the criminal cabal in Wash DC created that debt - let them pay it off or pay the consequences.
http://sputniknews.com/us/20151015/1028592316/us-debt-limit.html#ixzz3om0CXoKl
http://sputniknews.com/us/20151003/1027951222/Obama-on-Rising-US-Debt-Limit.html
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