Tuesday, December 14, 2010
U.S. Senate approved an increase in nearly 10 trillion national debt limit.
<P>: Http://finance. News, 27 U.S. Senate approved the statutory debt limit to improve the U.S. 850 billion U.S. dollars, reached 9.815 trillion U.S. dollars. .</ P> <P> the U.S. Senate passed the bill will be submitted to U.S. President George W. Bush signed before October 1, the United States will be held Oct. 1 start of the next financial year. .U.S. Treasury Secretary Henry Paulson said recently that the U.S. Treasury on Oct. 1 will reach the current maximum limit of $ 8,965,000,000,000. .</ P> <P> In addition, Paulson has repeatedly urged Congress to "expeditiously" to improve the national debt limit to avoid the risk of default faced by the Government. .U.S. House of Representatives in May this year approved an increase in national debt limit. .Earlier this month, the Senate Finance Committee also approved the debt limit increase to $ 9,815,000,000,000. .</ P> <P> U.S. President George W. Bush came to power in 2001, the U.S. Congress has increased the statutory debt limit four times. .</ P> <P> </ P>.
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