Tuesday, January 17, 2012

Obama To Raise Debt Ceiling Another $1.2T

On Pace To Borrow $6.2T In One Term

Barack Obama sent Congress a .letter saying the government is within $100billion of running out of money. Now that Obama has sent the letter, Congress has 15 days to pass a resolution of disapproval or the debt ceiling will rise automatically by $1.2 trillion, according to the terms of the August debt ceiling compromise...cont...

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