...38.9047° North, 77.0164° West.
(Sorry, folks, but the following reality just makes me sick...)
* * * * *
The U.S. national debt jumped $339 billion on Monday, the same day President Obama signed into law legislation suspending the debt ceiling.
* ...SIGNED INTO LAW LEGISLATION PASSED BY A "REPUBLICAN" HOUSE AND "REPUBLICAN" SENATE.
That legislation allowed the government to borrow as much as it wants above the $18.1 trillion debt ceiling that had been in place.
* AS... MUCH... AS... IT... WANTS...
The website that reports the exact tally of the debt said the U.S. government owed $18.153 trillion last Friday, and said that number surged to $18.492 on Monday.
The increase reflects an increasingly common pattern that can be seen in the total U.S. debt level when the debt ceiling is reached.
At the end of 2012, for example, the government hit the debt ceiling, and the Treasury Department was forced to use "extraordinary measures" to keep the government afloat until the ceiling could be increased again. Those measures included decisions to delay issuances of certain debt instruments.
* DEAR TERRORISTS: SPEAKING OF "EXTRAORDINARY MEASURES," I WAS WONDERING IF...
(*BITING MY TONGUE*)
When the ceiling was finally lifted a little more than a month later, the debt jumped $40 billion in a day as the pressure to stay under the ceiling eased, and after nine days, the U.S. was $100 billion deeper in debt.