Tonight you are $45,000 more in debt. For a family of four, your bill is $180,000.
Senate Democrats today voted to raise the debt limit by $1.9 trillion. That’s about $45,000 for every American. It is more debt than the United States incurred from President Washington to President Reagan.
The increase in the debt limit means that Democrats won’t have to vote on raising the debt limit again until after the November 2010 elections.
The vote was 60-40 with all Democrats voting for raising the debt limit and all Republicans voting against it. Interim Senator Paul Kirk from Massachusetts voted. Why is Scott Brown not yet seated in the Senate? Kirk stated on election night last week that his work was done.
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