Tuesday, 2 August 2011

US Debt Deal Made

Congress has passed the bill that will increase the debt ceiling and allow the US to avoid defaulting.

The debt ceiling has been raised to $16.7 tn (increase of $2.4tn from $14.3tn).


Regards, Sam

Source:
http://www.bbc.co.uk/news/world-us-canada-14379240

3 comments:

  1. yay more debt for the american government.. lets see what they do with this new ceiling

    ReplyDelete
  2. i was actually just wondering how that whole thing panned out.

    a3

    ReplyDelete