National Debt, Politics

Senate Blots Out a Red-Ink Worry – Stripped-Down Debt Bill Passes

WASHINGTON (UPI) – The Senate, wresting promises from the White House and untangling budget reform measures from a bill to raise the debt limit to $2.32 trillion, passed legislation Thursday to allow the government to borrow enough money to avert a federal shutdown. White House officials said President Reagan plans to sign the debt bill, which passed… Continue reading Senate Blots Out a Red-Ink Worry – Stripped-Down Debt Bill Passes

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