House Faces Tough Vote on $1.9T More Debt
AP The debt measure set for a House vote Thursday would raise the cap on federal borrowing to $14.3 trillion.
WASHINGTON – Democratic leaders in the House of Representatives are counting on new budget deficit curbs to help smooth the way for a bill allowing the government to go $1.9 trillion deeper into debt over the next year — or about $6,000 more for every U.S. resident. Source Fox News
Dollar edges higher on European debt concerns
NEW YORK – Investors dumped riskier trades for the relative safety of the dollar Wednesday after a report showed little growth in U.S. service businesses. Meanwhile markets remained skeptical about theEuropean Union’s plans to help Greece cut its debt. News From Yahoo
