September 12, 2007

Senate panel okays $850 billion debt increase

The Senate Finance Committee on Wednesday approved an $850 billion increase in U.S. borrowing authority to $9.815 trillion in order to avoid a default as the government nears its credit limit of $8.965 trillion.

People this can't continue. Why have limits if those limits are just going to be increased?

This financial reckless behavior disgusts me.

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