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Politics : The Donkey's Inn -- Ignore unavailable to you. Want to Upgrade?

To: Mephisto who wrote (9705)	11/20/2004 1:12:33 PM
From: Mephisto	Respond to of 15516

Bush Signs Into Law Debt Ceiling Increase WASHINGTON (Reuters) - President Bush on Friday signed into law a measure authorizing an $800 billion increase in the credit limit of the United States, the White House said. "The president signed the debt ceiling increase into law before he left for Chile," White House spokesman Trent Duffy said. Bush left earlier on Friday for Santiago, Chile, where he will attend this weekend's Asia-Pacific summit. The Republican-dominated Congress gave its approval on Thursday to a measure to increase the debt limit to a new $8.184 trillion ceiling. The Treasury Department had been forced to take special accounting steps to avoid piercing the debt ceiling in recent days and make sure it could pay its bills. On Thursday, the Treasury was forced to postpone its announcement of weekly bill auctions and its two-year note auction, another measure aimed at staying under the limit. news.yahoo.com