The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit and a political problem that President Barack Obama has promised to address next year. The Senate’s rare Christmas Eve vote, 60-39, follows House passage last week and raises the debt ceiling by $290 [...]
Fiddling While Treasury Burns – by Vasko Kohlmayer
December 21, 2009 By 9 Comments
The Democrats’ latest spending outrage.
