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Hooray for Debt!

Monday, November 22nd, 2004 · No Comments

Bush to Sign Debt Limit Increase Within Days:

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.

When in doubt, get your debt on. It’s not our money anyway.

(Thanks, Jonty, for the link.)

Tags: politics