USA gov froze its government debt in March this year since they hit the 'statutory maximum' of $18,113,000,080,959.35 (yep, and the 35c). USGov is now in an extraordinary measures situation to be looked at again October 30, 2015. http://www.cnsnews.com/news/article/terence-p-jeffrey/150-days-treasury-says...
This has happened a few times before, https://en.wikipedia.org/wiki/United_States_debt_ceiling
but I wonder if there are some real limits being reached, where they'll be unable to practically raise the USGov debt ceiling? Anyone have further info on this?
That's quite funny. Did you read my mind? Are you the NSA? =) I was about to use the US debt 'ceiling' as an example of what kind of joke 'limited' government is =) (back to replying to your previous message).