"In a poltically embarassing development for a president being hammered for
ballooning the national debt, the US has now officially reached its legal
borrowing ceiling of $7.384 trilliion Fiscal smoke and mirrors can keep things going for a few weeks. But TS John Snow warns it is imperative that Congress
acts to increse the ceiling by mid-November. In l981, when the national debt first ticked over $1 trillion, President Reagan declared that sum "incomprehensible" and likened it to a stack of $1,000 bills 67 miles high. Today, the pile is closing in on 500 miles.
(wn) about 8 times higher than "incomprehensible" this word was spoken by a hero to many of you)
ballooning the national debt, the US has now officially reached its legal
borrowing ceiling of $7.384 trilliion Fiscal smoke and mirrors can keep things going for a few weeks. But TS John Snow warns it is imperative that Congress
acts to increse the ceiling by mid-November. In l981, when the national debt first ticked over $1 trillion, President Reagan declared that sum "incomprehensible" and likened it to a stack of $1,000 bills 67 miles high. Today, the pile is closing in on 500 miles.
(wn) about 8 times higher than "incomprehensible" this word was spoken by a hero to many of you)