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Senate Approves $7 Trillion Debt Increase
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02/08/2011 14:39:36
 
 
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Forum:
Politics
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Other
Title:
Senate Approves $7 Trillion Debt Increase
Miscellaneous
Thread ID:
01519938
Message ID:
01519938
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59
Mine is a more appropriate title. ;)

By a 74-to-26 vote, the Senate approved legislation that would increase the $14.3 trillion debt limit by up to $2.4 trillion in two stages and, by the Congressional Budget Office’s tally, reduce deficits by $2.1 trillion over a decade. Even with the cuts, however, the U.S. is projected to increase the national debt by $7 trillion or more over the same span.

http://www.marketwatch.com/story/senate-approves-debt-ceiling-increase-bill-2011-08-02?link=MW_latest_news
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