US debt spikes to $17T after debt ceiling lifted

How did we manage to get from $16.747 trillion to $17.076 trillion in such a short time period? It is said that the reason is since May, the Treasury has been forced to use extraordinary measures such as deferring certain payments to avoid hitting the debt ceiling. So the Treasury was trying to avoid hitting the debt ceiling but in the end, the debt ceiling was lifted. As soon as it was lifted, we owe more money!!! Then the Treasury will try to do the same thing over again. Before we know, the debt ceiling will be lifted again and again. We are just walking in circle and owe more money. This is just ridiculous! Now, the Republicans are playing the blame game on President Obama and his Obamacare instead of solving the problem!

 

http://thehill.com/blogs/on-the-money/budget/329385-us-debt-spikes-to-17-trillion-after-ceiling-lifted