Friday, August 5, 2011

U.S. Debt Shot Up $239 Billion On Tuesday — The Largest One-Day Bump In History

The Washington Times reports that "U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — ...earned in this week’s debt-limit increase deal... That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in space Congress granted the president this week." To read the article visit http://www.washingtontimes.com/news/2011/aug/3/us-eats-most-debt-limit-one-day

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