Administration asks Congress to up debt limit

[RubberFrog]

"Retirement funds tapped; U.S. will pass $8.2 trillion ceiling around March 20"<br /><br />"...Treasury would begin tapping the Civil Service Retirement and Disability Fund"<br /><br />"Treasury officials also announced that on Friday they had used the $15 billion in the Exchange Stabilization Fund, a reserve that the Treasury secretary has that is normally used to smooth out volatile movements in the value of the dollar in currency markets. "<br /><br />"Treasury has also been taking investments out of a $65.3 billion government pension fund known as the G-fund."<br /><br />Hasn't Bush spent enough? I know, I know we're at war... blah blah blah. <br /><br />Full text here.

 

[Haut Medoc]

Re: Administration asks Congress to up debt limit

The answer: Apparently not! The solution? Print more money ....JK

 

[Holdimhook]

Re: Administration asks Congress to up debt limit

 

[JB]

Re: Administration asks Congress to up debt limit

Gotta pay for all that spending the Dems insist on.

 

[Twidget]

Re: Administration asks Congress to up debt limit

It is a shame that politicians of both sides have discovered they can buy votes with pork.

 

[crab bait]

Re: Administration asks Congress to up debt limit

i wish they kill faster..

 

[heycods]

Re: Administration asks Congress to up debt limit

Originally posted by JB:<br /> Gotta pay for all that spending the Dems insist on.

I hadnt heard they were back in power.