- Read for more information: http://thehill.com/blogs/on-the-money/economy/278291-house-sets-stage-for-wednesday-debt-limit-vote
Analysis details (17:05)
- While past measures to address the debt limit have simply increased the borrowing cap, the House bill would actually suspend the debt limit for three months. Then, on May 19, the debt limit would be automatically increased from USD 16.4trl to accommodate whatever additional borrowing the Treasury had done during that time frame according to the Hill blog.
21 Jan 2013 - 17:01 - - Source: Newswires
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