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JAN 31, 2013 - San Francisco Chronicle

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Congress sends Obama bill to raise debt ceiling

Congress sends Obama bill to raise debt ceiling Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 1:22 pm, Thursday, January 31, 2013 The legislation would temporarily suspend the $16.4 trillion limit on federal borrowing, which experts say would allow the government to borrow about $450 billion to meet interest payments and obligations like Social Security benefits and government salaries. The short-term increase in the borrowing limit was the ... Read More

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