Reuters is reporting that…
“The U.S. federal government can stay below its legal limit on borrowing until at least late October and likely do so a little longer than that, Treasury Secretary Jack Lew said on Wednesday.”
“Late October and a little longer than that” would put the debt limit hit very close to the November 15-16 G20 Summit. Interesting.
So as we cast our gaze upon the US budget / debt limit situation, there are three questions that must be asked…
1) Will the Congress pass a budget for FY 2016 before October 1? Not likely. According to this article about the federal budget from The Fiscal Times, House Speaker John Boehner is already talking about the necessity of passing a continuing resolution to keep the government funded past September 30.
2) Will Congress pass a continuing resolution to avoid a government shutdown? Seeing articles like this makes you wonder…
If it is the globalists’ intention to trigger a US government shutdown prior to the October 9-11 IMF/World Bank Annual Meeting, and I suspect it is, it will be a hot button issue like this that they’ll use for cover. Don’t forget that the Pope will visit the US Congress in late September. What will he have to say about the Planned Parenthood revelations?
3) Will Congress deal with the debt limit before it is hit? I have my doubts. Just imagine how well an October government shutdown (before the IMF meeting) and a November debt limit hit (before the G20 Summit) would set up the UN/IMF/World Bank governance reform agenda.
Much love…
http://redefininggod.com/2015/07/globalist-agenda-watch-2015-update-64-looking-ahead-to-the-fall-government-fiasco/
“The U.S. federal government can stay below its legal limit on borrowing until at least late October and likely do so a little longer than that, Treasury Secretary Jack Lew said on Wednesday.”
“Late October and a little longer than that” would put the debt limit hit very close to the November 15-16 G20 Summit. Interesting.
So as we cast our gaze upon the US budget / debt limit situation, there are three questions that must be asked…
1) Will the Congress pass a budget for FY 2016 before October 1? Not likely. According to this article about the federal budget from The Fiscal Times, House Speaker John Boehner is already talking about the necessity of passing a continuing resolution to keep the government funded past September 30.
2) Will Congress pass a continuing resolution to avoid a government shutdown? Seeing articles like this makes you wonder…
If it is the globalists’ intention to trigger a US government shutdown prior to the October 9-11 IMF/World Bank Annual Meeting, and I suspect it is, it will be a hot button issue like this that they’ll use for cover. Don’t forget that the Pope will visit the US Congress in late September. What will he have to say about the Planned Parenthood revelations?
3) Will Congress deal with the debt limit before it is hit? I have my doubts. Just imagine how well an October government shutdown (before the IMF meeting) and a November debt limit hit (before the G20 Summit) would set up the UN/IMF/World Bank governance reform agenda.
Much love…
http://redefininggod.com/2015/07/globalist-agenda-watch-2015-update-64-looking-ahead-to-the-fall-government-fiasco/
