by AlicetheCurious » Thu Mar 16, 2006 6:15 pm
Oh, my God...<br><br><!--EZCODE QUOTE START--><blockquote><strong><em>Quote:</em></strong><hr>The Senate, on a 52-48 vote, sent to President Bush a bill raising the ceiling on the national debt to nearly <!--EZCODE BOLD START--><strong>$9 trillion</strong><!--EZCODE BOLD END--> and preventing a first-ever default on U.S. Treasury notes. When the government reaches the new ceiling, expected sometime next year, <!--EZCODE BOLD START--><strong>the debt will represent $30,000 for every man, woman and child in the United States</strong><!--EZCODE BOLD END-->.<br><br>...<br><br>Before approving the bill, Republicans <!--EZCODE BOLD START--><strong>rejected</strong><!--EZCODE BOLD END--> by a 55-44 vote an amendment by Max Baucus, D-Mont., <!--EZCODE BOLD START--><strong>to mandate a Treasury study on the economic consequences of foreigners holding an increasing portion of the U.S. debt.</strong><!--EZCODE BOLD END--><br><br><hr></blockquote><!--EZCODE QUOTE END--><br><br>Now, why would they not want such a study to be done? <p></p><i></i>