The U.S. is hitting its debt ceiling again, and the Treasury Secretary is asking for another $850 billion, AP reports.

Last year I guessed that we’d hit the debt ceiling in January this year, but additional revenues (from lower taxes, who’d have thought it ) delayed that guess almost a year.

Just within the lifespan of NR, this would be the third time the debt ceiling was raised, the other times being March, 2006, and December, 2005. This plus the half-percent rate drop just makes our money worth less and less.

I wish the flag I were throwing were holding and the U.S. government were making an effort to balance its books.