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US Senate backs $800 bln debt limit increase [View All]

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juliagoolia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-17-04 06:46 PM
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US Senate backs $800 bln debt limit increase
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US Senate backs $800 bln debt limit increase
Wed Nov 17, 2004 06:34 PM ET
WASHINGTON, Nov 17 (Reuters) - The U.S. Senate voted on Wednesday to raise the nation's public debt ceiling by $800 billion, the third increase in three years, taking the new limit to $8.184 trillion.
The Senate voted 52-44, largely on party lines, to support the rise, which Democrats say is necessary because of President George W. Bush' fiscal policies. The House of Representatives must also approve the measure and is expected to do so shortly, possibly on Thursday.
http://www.reuters.com/financeNewsArticle.jhtml?type=bondsNews&storyID=6846348 thats all.. no more

Bastards!
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