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IPFS News Link • Housing

Bush quietly adds $300 billion more debt to prop up failed gov't mortgage lenders

• AP
Early in the morning and out of public view, the president signed it without fanfare in the Oval Office, adding his signature to a measure he once threatened to veto. The White House said his accomplices were Treasury Secretary Henry Paulson, Housing

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Comment by Powell Gammill
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See also Bloomberg

Note this article references the CONgress also upped the next debt ceiling -- not much of a ceiling when you can just increase the max. on the olde national credit card -- to $10.6 trillion in this bill.