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IPFS News Link • Government Debt & Financing

Ponzi: Treasury Issues $1T in New Debt in 8 Weeks--To Pay Old Debt

• CNS News

.... "Every week we roll over approximately $100 billion in U.S. bills," Lew told the committee. "If U.S. bondholders decided that they wanted to be repaid rather than continuing to roll over their investments, we could unexpectedly dissipate our entire cash balance."...

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Comment by Powell Gammill
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Short sales home sellers face huge tax bills if breaks aren't reinstated

Feds take record $341.5 billion in tax revenueP>

Comment by Powell Gammill
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Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama



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