Sunday, April 17, 2011


Budget debate shifts to raising debt ceiling



 An escalating national debate on federal deficits and government spending focused Sunday on the upcoming deadline for Congress to increase the amount of money that the United States can borrow.
Treasury Secretary Tim Geithner said congressional leaders told President Barack Obama last week that they will raise the federal debt ceiling when it reaches its limit, which is expected to happen sometime within the next 10 weeks.

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