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Is the U.S. going broke?
Per Yahoo News:
'The U.S. House of Representatives on Thursday voted to increase the federal credit limit by $800 billion to $8.184 trillion, a move that will allow the measure to be sent to President Bush (news - web sites) for signing into law. The House voted 208 to 204, largely along party lines, to support the measure, which Democrats say is necessary because of the Bush Administration's irresponsible fiscal policies. The Senate approved the rise, the third in as many years, on Wednesday night.' |
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