Series: Economic Recovery Is A Bunch Of Lies Pt 2

This story came in last night. Apparently the Federal Government breached its debt limit so the house approved an emergency $290 billion limit increase. This sounds like we are living at the top of our credit card limit... recovery is on the horizon!

"The ceiling was set at $12.104 trillion dollars.
The latest posting by Treasury shows the National Debt at nearly $12.135 trillion. "

To read more about these green shoots follow this link: http://www.cbsnews.com/blogs/2009/12/16/politics/politicalhotsheet/entry5987341.shtml