[funsec] Very scary.....

Richard M. Smith rms at computerbytesman.com
Thu Sep 27 21:38:04 CDT 2007


http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews
<http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=
2007-09-28T003622Z_01_N27415556_RTRIDST_0_USA-CONGRESS-DEBT-UPDATE-1.XML>
&storyID=2007-09-28T003622Z_01_N27415556_RTRIDST_0_USA-CONGRESS-DEBT-UPDATE-
1.XML

WASHINGTON, Sept 27 (Reuters) - With the U.S. government fast approaching
its current $8.965 trillion credit limit, the Senate on Thursday gave final
congressional approval of an $850 billion increase in U.S. borrowing
authority.

...

U.S. debt stood at about $5.6 trillion at the start of Bush's presidency.

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