11.20.2004
Congress Passes $800 Billion Debt Limit Increase (NYTimes.com)
By REUTERS
Published: November 19, 2004
Filed at 10:53 a.m. ET
CRAWFORD, Texas (Reuters) - President Bush will sign into law by Monday a measure authorizing an $800 billion increase in the credit limit of the United States, the White House said.
In a statement issued late on Thursday after Congress gave its final approval to increase the limit to a new $8.184 trillion ceiling, White House spokesman Scott McClellan said the legislation ``was important to protect the full faith and credit of the United States.''
``The president intends to sign it into law before the close of business on Monday,'' McClellan said in the statement.
(More ... The New York Times > Reuters > Washington > Congress Passes $800 Billion Debt Limit Increase) ¶ 11:20
Published: November 19, 2004
Filed at 10:53 a.m. ET
CRAWFORD, Texas (Reuters) - President Bush will sign into law by Monday a measure authorizing an $800 billion increase in the credit limit of the United States, the White House said.
In a statement issued late on Thursday after Congress gave its final approval to increase the limit to a new $8.184 trillion ceiling, White House spokesman Scott McClellan said the legislation ``was important to protect the full faith and credit of the United States.''
``The president intends to sign it into law before the close of business on Monday,'' McClellan said in the statement.
(More ... The New York Times > Reuters > Washington > Congress Passes $800 Billion Debt Limit Increase) ¶ 11:20
