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Politics : Don't Blame Me, I Voted For Kerry
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From: jttmab10/5/2004 1:29:00 PM
of 81568
 
Shhhhhhhhhhhhhhhhh.....

Increased spending, coupled with the tax cuts, have led the U.S. budget deficit to surge, and on Monday, the Bush administration told Congress once again that it should raise the ceiling on the national debt currently at $7.4 trillion. Treasury has warned that that limit should be reached within the next few days, and department spokesman Rob Nichols told reporters that "right before we hit it, we will notify Congress. That forecast is made on a day-to-day basis."

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