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Venango County Tea Party Patriots

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debt

Jane Richey / August 14, 2013

Fuzzy Math on Federal Deficit and Debt?

The Treasury Department's Financial Management Service (FMS), which publishes both the federal government's official Daily Treasury Statement and its official Monthly Treasury Statement, is reporting that in July the federal government ran a deficit …

[Read more...] about Fuzzy Math on Federal Deficit and Debt?

Jane Richey / August 5, 2013

Detroit Debt vs. US Debt

In the wake of America’s manufacturing decline, Detroit enacted policies that drove out businesses and residents. Rather than reduce the size of government as its population shrank, the city instead sought higher levels of government spending. City …

[Read more...] about Detroit Debt vs. US Debt

Jane Richey / July 30, 2013

Treasury Says Debt the Same for 70 Days Straight

According to the Daily Treasury Statement for July 26, which the Treasury released this afternoon, the federal debt has been stuck at exactly $16,699,396,000,000.00 for 70 straight days. That is approximately $25 million below the legal limit of …

[Read more...] about Treasury Says Debt the Same for 70 Days Straight

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