Senate Approves $30,000 Debt For Every American Man, Woman And Child...
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The Senate voted Thursday to allow the national debt to swell to nearly $9 trillion, preventing a first-ever default on U.S. Treasury notes.
The bill passed by a 52-48 vote. The increase to $9 trillion represents about $30,000 for every man, woman and child in the United States. The bill now goes to President Bush for his signature.
Associated Press | ANDREW TAYLOR | March 16, 2006 11:35 AM