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Senate Votes to Raise Debt Ceiling

The Senate just voted to raise the debt ceiling by a vote of 60-39. The only Senator who did not vote was Senator Bunning from Kentucky.

Senate Votes to Raise Debt Ceiling to $12.4 Trillion

FOXNews.com

The Senate's rare Christmas Eve vote allows the Treasury Department to issue enough bonds to fund the government's operations and programs until mid-February.

WASHINGTON -- The Senate has voted to raise the ceiling on the government debt to $12.4 trillion, a $290 billion increase over the current ceiling.

The House approved the increase last week. The Senate's rare Christmas Eve vote, 60-39, permits the Treasury Department to issue enough bonds to fund the government's operations and programs until mid-February. The Senate will vote again on the politically tricky issue on Jan. 20.

http://www.foxnews.com/politics/2009/12/24/senate-votes-raise-debt-ceiling-trillion/


Tags: debt   senate  
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