Congress Spending Like Drunken SailorsSubmitted by RebekahinPA on Fri, 01/08/2010 - 20:50
Are you aware that Congress recently raised the debt ceiling by $290 billion in order to close out 2009?
Yes, I'm sure you're aware.
But did you know that it almost wasn't enough?!
As Zerohedge reports, spending surged by over $200 billion in two days, blasting through the old debt limit just after the bill managed to pass the Senate and hurriedly get rubber-stamped by the President. There is "just" $140 billion left until the debt ceiling must be extended yet again.
Jake Towne writes about this here:
Jake Towne for Congress!!