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Senate votes to raise debt ceiling to $12.4 trillion

Dec. 24, 2009
The Senate voted early today to raise the ceiling on the government debt to $12.4 trillion. That is a $290-billion increase over the current ceiling.
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U.S. debt ceiling reached

WASHINGTON, Oct. 14 (UPI) -- The U.S. Treasury announced Thursday the statutory debt ceiling of $7.4 trillion has been reached.
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Youngsters compete in Scripps National Spelling Bee
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Contestants (L-R) Cooper Barth of West Long Branch, New Jersey, Eboseremhen Eigbe of Galloway, New Jersey, Jacob Bayly Hunter of Sante Fe, New Mexico and Massound Sharif of Albany, New York, all await their turns to compete during the 3rd round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. UPI/Mike Theiler