IMMINENT COLLAPSE: Nation Might Reach $16.4 Trillion Debt Limit Close to Election Day

The $16.4 trillion debt ceiling could be reached just weeks after Election Day, according to a new report.

The analysis raises the possibility that lawmakers might have to raise the nation's borrowing limit before the election, a scenario they took pains to avoid in the debt deal passed in August.

Now, partially due to lower than expected tax receipts, the nation could reach the $16.4 trillion debt limit as early as late November, according to an analysis from the Bipartisan Policy Center (BPC) to be released Friday. READ MORE...


Let's hope that at least some of the dumbass voters who have heled create this massive debt with their voting record have to help pay it off with the rest of us.