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Debt Ceiling

Posted March 20th, 2006 by Chip Bok

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The Senate came up with a $2.8 trillion budget.  The House approved $92 billion for Iraq, Afghanistan, and hurricane relief on the Gulf Coast.  To make room for that kind of spending they had to  raise the roof.  Congress jacked up the federal debt ceiling to $9 trillion.

Even Carl Sagan was modest enough to keep things in the billions.

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