Senate Approves Additional $1.9 Trillion in Debt Spending
January 28th, 2010 Posted in National Debt
Senate Democrats needed all the 60 votes at their disposal Thursday to muscle through legislation allowing the government to go $1.9 trillion deeper in debt.
Democratic leaders were able to prevail on the politically volatile 60-39 vote only because Republican Sen.-elect Scott Brown of Massachusetts has yet to be seated. Republicans had insisted on a 60-vote, super-majority threshold to pass the measure. An earlier test vote succeeded on a 60-40 vote.
The measure would would put the government on track for a national debt of $14.3 trillion – about $45,000 for every American – and it served as a vivid reminder of the United States’ dire fiscal straits.
Read the full article at the Washington Post