More Historic Economic Policy, Bush Administration-Style...

[Crankie Avalon]

...sickening. Will there even be a country left after this gang are through?

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Bush to Sign Debt Limit Increase Within Days

CRAWFORD, Texas (Reuters) - President Bush (news - web sites) will sign into law by Monday a measure authorizing an $800 billion increase in the credit limit of the United States, the White House said.

In a statement issued late on Thursday after Congress gave its final approval to increase the limit to a new $8.184 trillion ceiling, White House spokesman Scott McClellan said the legislation "was important to protect the full faith and credit of the United States."

"The president intends to sign it into law before the close of business on Monday," McClellan said in the statement.

The statement was issued from Bush's ranch in Crawford, Texas, as the president prepared to attend a weekend summit of Pacific rim leaders in Santiago, Chile.

The Republican-controlled House voted 208-204, largely along party lines. Senate approval came on Wednesday.

Democrats said the debt limit increase, the third in as many years, was necessitated by Bush's "irresponsible" fiscal priorities, including what House Minority Leader Nancy Pelosi, a California Democrat, described as tax cuts for the wealthy and corporate handouts.

Continued: http://story.news.yahoo.com/news?tmpl=story&u=/nm/economy_debtlimit_dc

[On the Road]

1. 204 Votes AGAINST?

That's actually good news. There's no chance that this measure would be defeated, but Bush has obviously attracted some serious opposition from Republican fiscal conservatives.

[Crankie Avalon]

2. ...and get a load of these pigs...

...in the photo accompanying the article: