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Bush Signs Into Law Debt Ceiling Increase


Benevolent Dictator
DP Veteran
May 19, 2004
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Political Leaning
Libertarian - Right
Souce: Yahoo News

WASHINGTON (Reuters) -
President Bush on Friday signed into law a measure authorizing an $800 billion increase in the credit limit of the United States, the White House said.

The president signed the debt ceiling increase into law before he left for Chile," White House spokesman Trent Duffy said.

Bush left earlier on Friday for Santiago, Chile, where he will attend this weekend's Asia-Pacific summit. The Republican-dominated Congress gave its approval on Thursday to a measure to increase the debt limit to a new $8.184 trillion ceiling.

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