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October 15, 2004
Fiscal Sanity

During Wednesday's debate, George Bush said that John Kerry had no record to support his talk of "fiscal sanity." Bush said the he himself was the better man to steward the American economy.

The next day, the Bush administration asked Congress to raise the nation's debt ceiling, again.

The federal government reached its $7.4 trillion debt ceiling yesterday, forcing Treasury Secretary John Snow to delay contributing to one of the federal employees' pension systems to avoid running out of cash and possibly defaulting on government debt.

The Seattle Times

Good old fiscal sanity.

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