US Government is in technical default
As of January 26, 2006, our national debt was $8,190,567,748,779.48-- that's $8.191 trillion. Yet the US national debt 'ceiling' stands at $8.184 trillion - a full seven billion dollars less. Although our congress has been called upon by US Treasury Secretary John Snow, it has not passed an expansion of the debt ceiling, and so the US government is now operating in technical default.








