comparemela.com

Latest Breaking News On - Cbo say the treasury - Page 1 : comparemela.com

Detailed text transcripts for TV channel - MSNBC - 20131014:19:17:00

the nature of the dysfunction in d.c. is another question. what s been note worthy is the refusal of the markets to really freak out. you re going to freak out, dan, when you start to see, what jack lew and cbo say the treasury will have to pay out following october 17th because october 17th is an important deadline but not like everything will freak out on that day at midnight. the government has about $30 billion in cash, they get $7 billion a day revenue, they spend about $10 billion a day. on october 23rd, they have to pay out $12 billion in social security benefits. on october 31st they have to pay $6 billion in interest on the national debt. on november 1st, this is the huge one ke cannot live without, $67 billion in social security medicare, civilian and military pay and benefits. there s not some creative accounting they can do to get past this. if we go over, this will be a

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.