House Rejects Debt Limit Increase

House Republicans dealt defeat to their own proposal for a $2.4 trillion increase in the nation’s debt limit today, a political gambit designed to reinforce a demand for spending cuts to accompany any increase in government borrowing. The vote was lopsided, with just 97 in favor of the measure…

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House Rejects Debt Limit Increase

Posted by on May 31, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.