Tuesday, February 16, 2010

Obama Raises Debt Ceiling To $14.3 Trillion

U.S. President Barack Obama

U.S. President Barack Obama signed an executive order at the White House yesterday, raising America's debt ceiling from $12.394 to $14.294 trillion. That's a lot of debt and sadly, there are no concrete plans to lower it.

STORY SOURCE: Obama Signs Bill Raising Debt Limit To $14.3 Trillion Dollars