Aug
4
I meant to report this earlier (I’m on vacation), but the Federal Debt Ceiling (how much the Federal Government can borrow by law) was recently raised to 10.65 TRILLION dollars (for the sixth time during Bush’s presidency!) . It was raised as a part of the mortgage bailout package that Congress passed recently and Bush signed into law, as reported on the Couric & Co blog at CBS.com (and several other sources).
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