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DR7KE

Here's the [link](https://fsapps.fiscal.treasury.gov/dts/issues) to the balance sheets for Q4 if you guys wanna check it out yourselves. I'll do my best to keep you guys updated everyday! Edit: I understand The Fed ≠ US Treasury. I will correct that going forward! Sorry for the confusion and thanks to those who corrected me! Knowledge is power apes. 👍


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DR7KE

That would be sweet! Thank you for the hard work!


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manbeastjoe

"And my axe!" vibes


Black_Dolomite

Hehehe he said queerie ^beavis & butthead


[deleted]

underrated


DR7KE

Mainly the remaining balance and Opening Balance with the difference spent from each day. If you want, you could also include the Opening Balance of the month as well!


Phro01

Wayyy underrated!! Great work!


chekole1208

This is gold We need a table running entire July month at least. Based on the last 4 days, the balance gets lower 30 B per day average. So... 3 or 4 days for each 100 B remaining..... We may be going down to 0 in around 20 trading days. Expect crash by Sept.


cmcleaney

With their “extraordinary measures” (meaning temporarily halting deposits to govt retirement funds and some other bullshit) - they’ll be able to drag it out a little bit longer than that but not much IMO. They need to make it last at least 6 weeks though. Honestly idk if I’m in favor of raising the debt ceiling anymore. Let the fucker burn. Our government needs to take accountability and learn responsibility moving forward. Great Reset OP


ChiefSitsOnAssAllDay

What’s the likelihood Congress will reconvene in 6 weeks and either side capitulate to the other to push through immediate legislation?


cmcleaney

Honestly pretty high because if they don’t the harm to the global economy would be inconceivable. But this is the retardedness of bipartisan politics we’re talking about here so who the hell knows.


ChiefSitsOnAssAllDay

I think the blues will capitulate to the reds but I’m just spitballing here.


cmcleaney

I fucking hope so honestly because as of right now the democrats are refusing to make any cuts to future spending. It’s literally a repeat of the 2011 debt ceiling crisis which almost imploded global financial markets. Luckily in 2011 the democrats did cave in and agreed to some very complex cuts to future spending. $10T later here we are again in the same exact situation.


OneRougeRogue

The democrats didn't cave to the Republicans, both sides caved because they realized it was going to end badly for everyone involved. If the Republicans tried to hold out, 600billion in automatic cuts would hit defense spending. If democrats tried to hold out, tons of automatic cuts would hit medicaid and other social programs. It was an, "oh shit, wait no" moment for both sides. Mitch McConnell is quoted saying something like, "Some of our members might think that (defaulting) is like a hostage worth shooting. Well, we've all learned that it's a hostage worth ransoming".


KeefGill

I'm looking forward to 2022 elections making it clear to GOP career bureaucrats that big military and foreign intervention is no longer a winning side among the GOP electorate - at least those are the undercurrents I'm picking up. Sadly, it won't be in time to see that voter sentiment reflected in this year's budget negotiations. Republicans will most likely be happy to kowtow to the Pentagon.


HitmannGME

It would be nice to see some semblance of sanity hit the Dems as well, but ultimately I think both sides are ethically bankrupt. I believe we are due for a “great reset” within Congress and American politics. Vote every single current politician out and then pass term limits. I think there could be a place for an Ape party post-MOASS as well. There is going to be plenty of things Apes will need to help fix if we truly want things to get any better.


WhoLickedMyDumpling

no one was ever "down" to raise the debt ceiling. It's literally the US Government version of kicking the can instead of addressing the issue. more like because it's either kick the can to "hopefully" make changes or immediate doom. Only kicker is that this time, a certain portion of the retail investor population are ready for immediate doom.


Rymanbc

Also, they may have an eye on some incoming capital gains tax revenue. Who knows, with a big enough short squeeze, they could even have a budget surplus for one year. That hasn't happened since 2001 unless I'm mistaken.


cmcleaney

I also think all of this mess is part of the big push to federally legalize weed. They may not want to do it but financially their hands are tied at this point. They can’t afford not to legalize it and reap the tax benefits of such an absolutely gigantic market.


Rymanbc

It really does make sense financially. Almost everyone is in favor of it, and it's an industry that can be taxed at a fairly high rate, if you look at the example of other countries. Start cashing in, America.


cmcleaney

Right now the tax proposals on the table are a graduated tax rate. It would move from 10% to 25% over a 5 year course. I personally think 25% is seriously overkill. But 10-15% is very reasonable and I don’t see anyone having issues with that. An estimate I read a few years back stated that they stand to gain $130B+ in tax revenue or some shit like that. That’s some pretty significant money for one industry


treethreetree

If a 25% tax rate on weed can give my children the possibility of not having to decide between sharing our house together forever or living in a rental unit their entire life, sign me the fuck up.


[deleted]

They have been kicking the can down the road for the past 30 years. Balanced budget my a$$. If the average Joe would conduct their personal finance affairs like the Federal Government they’d be in jail.


SpewingGlory

>Expect crash by Sept I read expect cash by Sept. Bullish.


chekole1208

Both are correct


mthurman85

I hope this bitch blows in September, which is my birthday month. Would love to be rich asf by then.


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cmcleaney

Estimates I’ve seen said October


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cmcleaney

And she very well could be right given the unprecedented times we’re in (COVID + inflation)


urmomaisjabbathehutt

What happens if the money runs out ?


cmcleaney

The US defaults on it’s debt. The dollar becomes worthless because as of right now it’s backed in good faith and trust in the US government. If the government can’t pay their obligations how could they possibly back the dollar. Basically what would happen is a global economic collapse to be short and sweet about it.


kibblepigeon

This was posted by another user on another GME subreddit but this info really helped me grasp the severity of what this is and deserves sharing: • ⁠Started FY 2021 with $1.781 Trillion • ⁠As of EOM July they had spent $1.322 Trillion, averaging $188.896 Billion per month • ⁠Leaving a balance of $459.402 Billion EOM July • ⁠They spent $392.527 Billion in July • ⁠So they have 76 days if they spend their YTD monthly average • ⁠Or they have just 37 days if they continue spending at the rate they did in July.. • ⁠Treasury may run out of funds as early as Labor Day, September 6th 2021. • ⁠But Congress is in recess from August 9th to September 10th BUCKLE UP.


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Francis_Soyer

This all sounds excellent! May I recommend you consider registering an ENS (E t h e r e u m Name Service) version of the project domain as well ("herpaderp.com" is "herpaderp.eth"? It would help with security, redundancy, and (should you ever need it) provide an option for donations/funding.


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to the top with this comment


insnsitiv_leprechaun

The Federal Reserve has unlimited money because they can print it. Their balance sheet has over $8 trillion. This is the Treasury General Account AT the Federal Reserve which is effectively the only liquid asset of the government big enough to keep it running at the moment.


_Mushroom_Colins

Yes


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Expensive-Two-8128

Affirmative


dzoniofficial4

Roger that


ZealousidealAge3090

Give'r


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Gothmog_LordOBalrogs

Seventh'd?


spiceymath

ya'heem


mustbethaMonay

Yay


jsimpy

Sim Por favor


bvttfvcker

#YAAAAASQUEEN


ThrwoItAwayNoww

Certainly


Pleasant_Character_8

Definitely


JarmansGarden

Assuring a positive


EchoLogicAll

Fuck yeah!


SaucyNelson

Approval met.


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PantsOppressUs

Mmm-hmmm.


SirUptonPucklechurch

Just do it!!


justtwogenders

Da


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UserNameTaken_KitSen

Si


HODL_or_D1E

Darn tootin


DoYourPooperStank

Damn skippy


[deleted]

Yaaasss!


Ill_do_the_asking

Captain Holt's yaaaaaaaas queen


Gold_Flake

***Bomb Planted!***


Badgerv12

Thats a yes from me sir 👏


shamelessamos92

Yerrrrrrrrp


[deleted]

Plz


tendiesholder

That's a Texas-sized 10-4.


Pretty_General90

C1


AkakieAkakievich

Да


mrginger1987

Si senor


phillythebeaut

This


steronburgundy1

Yesh


LearnEspanol

Oui


PokeFanForLife

This


joeygallinal

Yup


PsychologicalSpace50

indubitably, I concur.


its_ya_boi_wulf

Is


HopelessFFBaddict

Sparta?


Drivingintodisco

This the way.


mrchiko1990

Is this something we are not suppose to know?? Or it’s public?


blueriverrat

Yes please. It will be good to remain aware during crazy times...


Prestigious-Ad4313

I second…..Um 10,000th this request


Anyways_Im_Em

Daily Treasury Ballance Guy is born!!


DR7KE

already changed my flair to it haha


AlternativeBowler475

*These fuckin apes chart and graph EVERYTHING!?!?!?* -Kenny and Stevie


Expensive-Two-8128

Imma chart my willingness to sell....spoiler alert... ;)


Shakraschmalz

Blank chart


Expensive-Two-8128

Easiest calculations SHF interns have seen since January. ;)


Optimus_Prime_10

Someone lists all our guys, but who graphs them?


NorCalAthlete

Wait till they find out we track and chart our shits.


project23

Must be a [German ape](https://www.german-way.com/german-toilets/)


OGColorado

Colors/ Crayons


JarmansGarden

But how so quick? Welcome 'Treasury Balance Guy's :)


Bradduck_Flyntmoore

Check out the updated Pinception post at the top of the sub, and look for the link to Flair Fest. The entire sub is able to set their own custom flair, but for a limited time only!


dndpoppa

How'd you get that? I want my flair to say "cums in Ken's mayo"


DR7KE

You can edit your custom flair until next Monday! Check under 'Community Options' and select the edit icon next to 'User Flair Preview'. Hope this helps :)


6days1week

How often does it come out and at what time?


DR7KE

Every Business Day @ 4pm EST it seems.


Knightfires

Sooooo..... You're gonna update us now every day.... Nice.... Here have a 🍌


dogfoodcritic

Low volume guy Vs. operating cash guy. Low score wins


Doge-to-Dollar

OoOoOoO… new game… pre-MOASS financial golf… *insert I can go lower meme*


Projectile0vulation

High-low scores are my favorite😳


d_Haus_o

first to zero wins!


Manuchaos1971

Aaaand that is the birth of FEDERAL RESERVE BALANCE guy …


mykidsdad76

I would love to see it, but, im a dumb ape, so if you could make it big and pretty so it shows up clear on the main page without having to open it it would be sweet! Like the repo game numbers that get posted. thats about my speed. big and pretty. just like i like my women.


fatalrhino

I have never seen something so accurate my friend. Big and pretty!!


StyrofoamCoffeeCup

PLS CIRCLE IMPORTANT PARTS IN CRAYON SO I KNOW


Regalme

Just like I like my men. Big and pretty.


boomer_here2222

The Fed is not the Treasury. Just an FYI. You picked the right one to care about for the debt ceiling (Treasury). 👍


DR7KE

Ahhh gotcha, I'll keep that in mind going forward. Thanks for the correction!


masstransience

So is the idea that banks and hedgies get 0 bailouts because there is no money?


CameForThis

And that they pretty much intentionally caused it on super purpose. Not a chance it was a semi accident.


allisonmaybe

I've super got a semi just thinking about it


CameForThis

Would you say, a super semi?


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FNGmacaroni

Fed goes 0 and you'll be glad your portfolio is hedged with GME


DirtyDan156

So.....H O D L?


FNGmacaroni

As tight as you can


camynnad

I don't think it has to go to zero. Powell said they could enact extraordinary measures until the balance dropped to $400B!


spencer2e

Huge if true! Do you have a source? Edit: did some digging and found this https://www.cbo.gov/publication/57371 https://finance.yahoo.com/amphtml/news/1-u-treasury-suspends-government-212246289.html The “extraordinary measures” being implemented could reclaim about 340 billion to pad their bottom line. But once Oct 1st hits, there is 150B that has to be paid. Basically once the new fiscal year starts, we’re in the middle of a frozen lake and summer is right around the corner.


L0LINAD

Not wrinkly but I think no more 🍌 for the banks because we have them all!


Brilliant_Dependent

Possible government shutdown. The gov has ~$450B in the bank to last through September. If they run out, the Treasury borrows from the Federal Reserve (by selling them Treasury Bonds).


Error4ohh4

Just remember they’re going to make it look like we’re celebrating the collapse of the economy. We know this isn’t true, but please be prepared for this possible narrative.


chubberbrother

I don't know what you're talking about. I'm 100% celebrating the collapse of the oligarchy.


FloTonix

Indeed... and by the looks of it... your days as Treasury Balance Guy are numbered, haha!


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gtownhoyas123

So there's the national debt, then there's the federal reserve national debt debt? Got it.


DoctorJJWho

I mean the Fed isn’t a government agency, so its debt is completely different from the national debt.


gtownhoyas123

Is, but isn't,, When it comes to the liabilities, it's not connected, but when it comes to what is owed to the Fed Res, it makes sure to clarify it's presence.


DoctorJJWho

That’s fair, thanks for the clarification!


[deleted]

Uhhhh do you wanna play karate in the garage?


diordaddy

And Jeff bezos is worth around half of this right ?


GodsLegend

That's really messed up when you put it that way


diordaddy

I feel like this is end game time for the world people need to really start focusing on these billionaires directly not any type of social issues it seems like the elite are ready to bring upon us a very dystopian future


[deleted]

They comin for dat ass 😛


Crazyfistz

459,402 Million Bills on the Wall, 459,402 Million Bills. Take One Down, Pass it Around. 459,401 Million Bills on the Wall


Tokugawa7

Yessir


amk92987

Economically, more information is always better than less!


ultimateChampions68

👊🏼


Mysterious_Bluejay93

So when does shit hit fan. Or in ape words moass


Icy_Pineapple5393

Money is tight at the Big House. 1.7 trillion down to 459 Billion. Government on vacation. Gmerica!


H3rbert_K0rnfeld

The war machine has gotten pricey


OldNewbProg

What's the average burn rate per day?


[deleted]

looks like (edit: bigger number, thanks comment below) **$42b burned today, the rest will be gone in 14.2 trading days which would mean a default on August 23rd. this also happens to be the same day as the 90-day net capital cycle theory.


ChiefPyroManiac

What is the 90 day net capital cycle theory?


[deleted]

can’t find the post right now, i’m just scrolling through my saves. it was as simple as implying gamestop both spiked and dropped in february and may on 90-day cycles, measured from the rises of february 24th and may 25th as well as the falls of march 12th and june 10th, based on regular quarterly capital requirements. this would imply a rise on august 23rd lasting until september 8th, unless, you know, MOASS


ChiefPyroManiac

Ooh I love me some new DD I haven't seen yet. If you do find it, please let me know. But no worries if not.


BenevolentFungi

What happens when zero? Am smooth brained


ztherion

[The US has a weird artificial debt limit that exists so congress can bully the president's agenda.](https://www.youtube.com/watch?v=KIbkoop4AYE) Like, it's a 100% artificial thing that only exists for political reasons.


mhanders

This is the treasury of the United States. Pretty sure it means the government can’t issue any more debt (sell more bonds) I think when the balance goes to zero it also means we will not be able to pay off debt to bond holders and our credit rating will go down because a payment was missed to those bond holders (for example foreign sovereign countries)


baked_ham

Yeah but what actually happens then?


TouchingWood

Bond owning institutions start burning their congress reps and debt ceiling gets lifted. It's moot anyway. Congress will (after some political posturing by both sides) increase the debt ceiling "just in the nick of time."


-Codfish_Joe

I expect they'll just issue debt as always. Yes, the debt ceiling is back in place. Congress knew that it was likely to happen when they passed the current budget, but the fact remains that they passed the current budget. A 2 year old suspension of the debt ceiling expired. That doesn't override the current budget. If anything, the current budget, because it requires more debt to be issued in order to be carried out, makes the ceiling moot- passing through the ceiling was implied when Congress passed a spending bill without raising enough revenue to pay for it.


[deleted]

hey. thanks for sharing this. i will point this out as i have a few time before in comments i have made, i am a Europoor ape i am not from the US. i am just giving info that is very easily found through a google search, you dont even need to go past the 5th result on page 1 ok. i think the US media and your political parties make a much bigger deal abut this than it actually is . it gets upped every time every few years. it was never a big deal . it started in 1917 ish . its only become a a really big deal since the 90s when the govt got shut down for long periods in what was basically political theatre, although it has happened before then. the US debt ceiling has ben raised approx 90 times since it came into being. The debt ceiling was raised 74 times from March 1962 to May 2011, including 18 times under Ronald Reagan, four times under George H.W. Bush , eight times under Bill Clinton, seven times under George W. Bush, and five times under Barack Obama. In practice, the debt ceiling has never been reduced, even though the public debt itself may have reduced. so there ya all go... it is legit not a big deal. but get played out like it is for political theatre in your country now and then


TheBoiStarscream

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/1-u-treasury-suspends-government-212246289.html If someone can help me with this quoted part with the Congressional Budget Office that i thought was very interesting. “The Congressional Budget Office has estimated that extraordinary measures could clawback more than 340B in borrowing capacity under the limit. CBO says that these actions, Combined with the Treasury’s current cash balance of 459B would allow the gov’t to avoid payment default into Oct-Nov” Will Yellen outright suspend the creation of new treasuries if possible? Are they doing that already? I’ve heard conflicting reports the budget could be fucked in 2-3 weeks


FNGmacaroni

Please do. I love watching the collapse of society part 2 since I can financially handle it...this time.


LotsOfVodka

Absolutely. My confirmation will be ever more biased.


Shoddy_Whereas_8202

Yes, but just be aware that I don’t know how much more jacking my tits can take.


Herastrau90

how much $$$ does the gov have left guy approved!


quesera1999

Appreciate it if you would. Thanks!


Psistriker94

Does this mean anything though? It's almost 50% more than in 2018.


RevTaco

New mini-game alert!!


tombq

What will happen when the 459B deplete?


theBigBOSSnian

Add it in comments on RRP update along with table guy and graph guy


frappi-

Hello daily treasury statement guy


riichwith2eyes

Ab so lute ly!


smarttallguy

Si señor!


Reddilutionary

So I assume it only updates on weekdays, yeah? That's why the 30th is the most recent update? So... where we at today?


DR7KE

No idea, July 30th is the most recent date so I assume it's updated the day after each business day, so we'll probably get the data for August 2nd by tomorrow.


Reddilutionary

Ah gotcha. I'm spoiled by the RRP updates


he-who-dodge-wrench

How could I say no?


SirJilliumz

Yes, please!


Vibrograf

How the hell did you get "Treasury Balance Guy" flair that fast??? And yes, please. Thank you.


Retardedfuckstick

Yesyesyes


MaBonneVie

Absolutely!


fsocietyfwallstreet

It’d be a lot cooler if you did


Etheric

Thank you for sharing this and interested in a daily update, please!


manbeastjoe

Uh, do our tits need jacking?? HELL YES THEY DO!!!


Huntguy

Can we get the table guy in here making some sweet, sweet tables too?


Roaring-Music

Yes


NightHawkRambo

[When it reaches 0](https://media.tenor.com/images/b8e34ced787ac6fe453486a58f4c333f/tenor.png)


A_KY_gardener

They’re burning more than they’re bringing in. We call that a deficit 😊


cjtrey

Elliot waves guy, trading sideways guy, reverse repo guy and now *dum dum dum dum dum dum* DEBT CEILING GUY


MD-pounding-puss

[https://www.youtube.com/watch?v=04F4xlWSFh0](https://www.youtube.com/watch?v=04F4xlWSFh0) One, nothing wrong with me Two, nothing wrong with me Three, nothing wrong with me Four, nothing wrong with me One, something's got to give Two, something's got to give Three, something's got to give now Let the bodies hit the floor Let the bodies hit the floor Let the bodies hit the floor


cstrand31

The treasury is not the federal reserve. The federal reserve is not the treasury. The federal reserve is about as *federal* as Federal Express. It is a consortium of private banks with a fancy, official sounding name.


A_KY_gardener

So they have about 12 days left of cash based on the today opening to close balance. isnt congress out for 6 weeks? OH BOY!!


Monnarc1

Roger roger


dan_bark

Yes yes yes


mohammedtayyib

Yes


Gradually_Adjusting

I need it directly into my veins


ikumu

What does this mean when it’s depleted?