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Senate Approves Raising Government Borrowing Limit By $1.9 Trillion

Is that today’s picture? They sure look happy. And the stock market seems to like it. But isn’t this like celebrating a decision to up your dose of antibiotics? – Ilene

BREAKING: Senate Approves Raising Government Borrowing Limit By $1.9 Trillion

barack obama nancy pelosi joe bidenCourtesy of Vince Veneziani at Clusterstock

We just got word from a trader that the Senate has passed a measure to increase the Federal borrowing limit by $1.9 trillion to $14.3 trillion.

Senators voted 60-39 to boost the limit by $1.9 trillion after approving a short-term increase in December.

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See also:

Worried About Bernanke? Now Freak Out About The Vote On The Debt Ceiling

 


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