Archive for July 9th, 2013

The U.S. Hits Its Credit Limit


Tuesday July 9th, 2013   •   Posted by Craig Eyermann at 7:52am PDT   •   3 Comments

The U.S. national debt hasn’t grown since May 19, 2013! It’s true! On May 16, 2013, the total public debt outstanding reached the statutory limit of $16.7 trillion, however a subsequent act of Congress had suspended the debt limit until May 19, 2013, by which it had grown to roughly $16.74 trillion. Since then…
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