Author Topic: Debt ceiling increase allowed by Senate  (Read 1693 times)

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Debt ceiling increase allowed by Senate
« on: January 28, 2012, 02:20:12 PM »
For those who may have missed it thanks in most part to the lack of coverage:

"Despite Republican opposition, the Senate on Thursday voted to allow President Barack Obama to increase the debt ceiling by $1.2 trillion, an amount large enough to ensure the federal government can pay its bills through the November elections. On a mostly party-line 44-52 vote, the Democratic-controlled Senate rejected a measure that would have set up a vote to block hiking the debt limit to $16.39 trillion"......