Skip to comments.Bush signs debt-limit increase
Posted on 07/02/2002 2:06:59 PM PDT by Alan ChapmanEdited on 04/29/2004 2:00:47 AM PDT by Jim Robinson. [history]
WASHINGTON (AP) -- The White House announced in a one-sentence statement Monday that President Bush had signed into law a nearly half-trillion-dollar increase in the government's ability to borrow money.
White House press secretary Ari Fleischer put the news out on paper: "On Friday, June 28, 2002, the president signed into law S. 2578, increases the public debt limit from $5.95 trillion to $6.4 trillion."
(Excerpt) Read more at cnn.com ...
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