As the United States heads toward running out of cash in a few weeks, here's a reminder how this happened:

* The law says what tax rates are, determining revenue.
* Each year laws are enacted that direct money to be spent a certain way.
* Existing debt has to be serviced (e.g. bonds).
* An older law limits national debt.
* Republicans drove up the debt during the Trump Admin (tax cuts, airline bailouts, etc) so that the limit is about to be reached.

The laws are logically incompatible.

@GovTrack can't run out of federal reserve notes because we have the printer. Another freaking scare tactic by the government. Thats why we have such high inflation amongst other things. Endless printing will never run out fake money.
@common_sense21 That's incorrect. The banks have the printer. Under current law, when money is printed, it goes to the banks. It doesn't go into the U.S. Treasury. Making stuff up will get you blocked from our timeline.