Thursday, April 21, 2011
Only $26 bln of spending power left under the current debt limit
There is only $26 bln in spending power for the Federal government under the current debt limit.
(Figures are in millions $)
You can see the full statement here.
Not much talk about this and the markets continue to kite higher. Negotiations on the debt ceiling remain at a stalemate. Oil prices at $112 now, other sensitive commodities surging. Is a crash coming? It "feels" like it.