Quote:
Originally Posted by Shaun @ Tru6
Ted, what's your crystal ball say about needing to raise the debt ceiling now because we may run out of money before congress comes back from recess?
|
You have to raise the debt ceiling. The bills are coming in on items or services we have already received.
Company A contracts with Tru 6 to coat $10,000 of product. You fulfill the order and ship to them and they put product to use.
You send them the bill and they refuse to pay.
We can easily qualify for and get a loan for payment.but if we do we will go over our self imposed debt limit. You will have to wait until we drop our debt before you get paid. But under current conditions we can't see that happening.
Question: How happy would you be?