I could swear I remember, back during the Obama Dictatorship, that I read in Barron’s (the Dow Jones weekly financial publication) for a number of issues that the U. S. Leviathan Big Government incurred a ‘technical’ debt way above the ‘authorized limit’ and for quite some period of time.
Way back then, the ‘explanation’ was that there were all these ‘trust funds’ that were being ‘borrowed against’ until the ‘Official Debt Limit’ was officially raised by the free-spending schmucks in Congress.
Another ‘option’ for today would be to ‘rescind’ the trillions of dollars of Biden illegal spending for such things as $400/night payments to Hotel-owning DONORS to ‘shelter’ illegal migrants.
Doesn’t everything BIG GOVERNMENT does seem like an Alice in Wonderland form of ‘make-believe’ to anyone else beside me?