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Friday, November 19, 2004

Posted 11/19/2004 04:38:00 PM by Douglas

For a line of credit increase, press one.
The US House of Representatives voted to raise the debt ceiling by 800 billion dollars, helping Washington avoid running short of operating funds.

By a party-line vote of 208 to 204, lawmakers agreed to increase the level of the US debt to nearly 8.2 trillion dollars, the third massive debt limit increase in as many years.

The vote comes one day after the US Senate, also on a party-line vote, approved a similar measure.
It didn't increase to $800 Billion, it increased by $800 Billion! Consider that when you get the illusion that Republicans are for 'small government' or maintain a sibilance of fiscal conservatism.

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