Saturday, September 20, 2008

Debt

"Subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof $11,315,000,000,000."

Title 31 referes to the debt ceiling. The United States is now raising our debt ceiling to 11.3 trillion from 10.5 trillion. Under Bush, the national debt has risen from 5 trillion to 11.3 trillion.

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