Monday, February 15, 2010

Obama signs bill raising debt limit

The United States can now legally go up to $14.3 trillion in debt, as President Obama today signed a new ceiling for red ink.

The bill increases the public debt limit from $12.394 trillion to $14.294 trillion.
http://content.usatoday.com/communities/theoval/post/2010/02/obama-signs-bill-raising-debt-limit-to-143-trillion/1

But, you're supposed to believe that Obama is committed to shrinking the deficit.

No comments: