Much attention is directed to the approaching congressional vote on raising the debt limit, which makes the following mysterious.
According to the U.S. Treasury, the $14.294 trillion limit was exceeded on April 15. See it for yourself here.
The latest figures to the penny:
Total Public Debt Outstanding
April 14: $14,270,792,119,184.89
April 15: $14,305,336,580,992.11
April 18: $14,309,159,097,877.65
April 19: $14,320,468,555,091.68
HT: Ken Sturzenacker
Update: According to Tyler Durden, the explanation is that not all debt is subject to the limit. Considering that we’re talking about the government, why did I think of that? (HT: Neverfox)