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IPFS News Link • Economy - Economics USA

Congress agrees to raise U.S. credit limit to just under $10 trillion in debt

9-27-2007 • Reuters

With the government fast approaching its current $8.965 trillion credit limit, the Senate approved an $850 billion increase in borrowing authority. The Senate voted 53-42 to raise the debt ceiling to $9.815 trillion, the 5th increase since Bush took

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