The Senate voted Thursday to allow the national debt to swell to nearly $9 trillion, preventing a first-ever default on U.S. Treasury notes. Things
I guess in the short term this is good for the US dollar and good for the US stock market. However it will only delay the inevitable. The higher they go the harder the fall.
http://www.cnn.com/2006/POLITICS/03/16/congress.debt.ap/index.html
Cheers
Zackman
Moved from the "United States" forum. Original message number: 216
senate sets new debt limit at us9 trillion
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