There are meetings scheduled today with the President and Congress to try and address the National Debt Ceiling issue which is coming up in 3 days. To me this whole situation is stemming from the new Healthcare bill that’s now makes it available to everyone, and by the way, now it’s a law!
The Treasury Department says it will exhaust its borrowing power Thursday. leaving it with $30 billion in cash to pay the government’s bills, an amount that could run out a week or two later.
