Stig Östlund

tisdag, augusti 02, 2011

House approves raise in federal debt ceiling; bill goes to Senate

The House approved a bill Monday night that raises the federal debt limit and cuts discretionary spending by $1 trillion over the next 10 years, a key step toward averting a government default. The 269 to 161 vote sends the bill to the Senate, which is likely to consider the plan Tuesday -- the day that the Treasury has said it would begin running short of cash to pay the nation's bills. Rep. Gabrielle Giffords cast her first vote in the House since being shot in January, voting yes.

WASHINGTON POST

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