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Politics : Impeach George W. Bush

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To: donjuan_demarco who started this subject12/25/2002 3:41:44 AM
From: jttmab  Read Replies (1) of 93284
 
There is a Santa Claus!
It's jolly ol' George Bush. What has he left under the tree this joyous Christmas. The promise of even more deferred taxes!

Congress Asked to Raise Debt Ceiling
Treasury Plea Likely To Spur Political Fight

By John M. Berry
Washington Post Staff Writer
Wednesday, December 25, 2002; Page E01

The Treasury Department yesterday asked Congress to raise the government's $6.4 trillion ceiling on the national debt, setting the stage for a major political conflict early in the 108th Congress.

With the government's budget deficit and the need to borrow rising sharply, Treasury has no choice but to seek a higher ceiling. But before that happens, some Bush administration officials expect opening salvos of the 2004 presidential campaign, including sharp criticism of the administration's economic policies, to be fired on Capitol Hill. The request to raise the debt ceiling provides critics an opportunity to question anew President Bush's tax cuts and his response to sluggish growth. That debate will play out on the floor of the House and Senate, as well as in the confirmation hearings for Treasury secretary-designate John W. Snow, expected to begin late next month........

washingtonpost.com
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