November 29, 2009


Political Clash Expected Over Rising National Debt

McClatchy Newspapers notes that a vote to raise the ceiling on the national debt -- which now exceeds $12 trillion -- "will come just as Congress tries to put the finishing touches on a trillion-dollar plan to overhaul the nation's health care system and President Barack Obama considers a possible escalation in the war in Afghanistan that could cost another trillion dollars over the next 10 years."

"A bipartisan group of more than a dozen senators is threatening to vote against an increase in the debt limit unless Congress passes a new deficit-fighting plan."


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