Tuesday, November 16, 2004

Where are all the conservatives?

WASHINGTON -- The government will carry out another accounting maneuver to avoid breaching the $7.4 trillion ceiling on the national debt, Treasury Secretary John Snow said Tuesday.
The step marks the latest move by Treasury to free up billions of dollars -- on paper -- so the government can keep paying its bills. Treasury is doing this because it is running out of room in its statutory authority to borrow.

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