In general terms,
politicians and the press may be referring to what has been happening in
Washington, D.C., over the past few days as a government "shutdown"
or a "partial government shutdown," but the actual accounting sheets
of the U.S. Treasury show that massive amounts of taxed and borrowed money were
flowing in and out of the government during the first two days of fiscal 2014.
According to the
Daily Treasury Statement for Oct. 2, which was released yesterday at 4:00 p.m.,
the Treasury spent a total of $63.262 billion in the first two days of fiscal
2014. At the same time, it took in $25.681 billion in tax revenue.
The Treasury also
sold $1.648 billion in new Treasury securities--which is government debt..... See more at:
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