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Old 01-01-2010, 11:56 AM   #1
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Default Democrats: Taking it to the limit one more time
Senate approves $290B increase in debt limit - TheHill.com

Quote:
The House passed the same $290 billion increase last week.

The Obama administration said the short-term increase was necessary because the federal debt was approaching its $12.1 trillion ceiling. The move will give Congress until mid-February to pass a longer-term increase.
A short term is 290 billion dollar. What is a long term? 6 Trillion????
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