From: Adam <""4thwormcastfromthemolehill\"{at}the field.near
the bridge">

BTW whatever happened to that Newt Gingrich character? Is he now a K street
lobbyist or something?

Whatever happened to the republicans standing for small gov & fiscal
conservatism?

Adam

Adam > wrote:
>
http://quote.bloomberg.com/apps/news?pid=10000103&sid=aMwZS0xAxm1g&refer=news
_index
>
> "The U.S. Congress approved a $781 billion increase in the federal
> government's debt limit, the fourth time lawmakers have raised the cap
> since President George W. Bush took office.
>
> The Senate voted 52-48 to increase the legal limit on federal borrowing
> to $8.97 trillion, up from $8.18 trillion. The House approved the
> measure last year, meaning the legislation now goes to the president for
> his signature.
>
> Treasury Secretary John Snow warned Congress in increasingly dire terms
> that the government couldn't keep paying its bills, and risked
> defaulting on its debt, without an immediate increase in the cap. The
> ceiling was lifted about 30 minutes after the Treasury postponed the
> scheduled announcement of the sale of three-month and six-month Treasury
> bills. An hour later Treasury said it would sell $37 billion in bills. "
>
> Adam

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