House Ready to Send Bush Debt-Limit Hike
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Democrats accused Republicans of disastrous economic policies as Congress moved Thursday toward shipping President Bush an &#36;800 billion increase in the federal borrowing limit.
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The government should hit the national debt&#39;s $7.4 trillion ceiling this month, and the Bush administration told Congress again Monday it should raise the limit.
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WASHINGTON (CBS.MW) -- With 29 days to go before the presidential election, a group of Democrats on Capitol Hill is pressing John Snow to do more to raise the federal government&#39;s mandatory debt ceiling, which is poised to be reached as soon as this week.
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The House of Representatives on  Friday approved significant increases in funds next year for  domestic security and veterans care in a challenge to President  George W. Bush&#39;s more limited budget requests.
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WASHINGTON (CBS.MW) -- The Senate was expected Wednesday to approve legislation that would hike the federal debt limit by $800 billion, just as the Treasury Department runs out of room to maneuver under the existing ceiling.
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The House planned to vote Tuesday afternoon on the $150 billion economic aid package that would mean tax rebates to most income earners
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US President George W. Bush's administration weathered a pre-election mauling as it announced emergency measures to skirt a 7.38-trillion-dollar debt limit.
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President George W. Bush will on Monday unveil a $3 trillion budget that likely will spark anew the wrangling between the White House and the Democratic-led Congress over Iraq war funding, tax cuts and the sagging economy.
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President Bush urged Congress today to quickly pass the economic stimulus plan that would give Americans tax rebate checks. But many Senate Democrats want to include extended unemployment benefits in the plan -- a provision House Democrats agreed to drop.
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A legislative package to stimulate the U.S. economy and avert a possible recession could be passed by Congress and signed into law by President George W. Bush within a month, House Majority Leader Steny Hoyer said on Wednesday.
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Congress on Thursday rushed to pass a $145.9 billion package of tax relief that would extend three popular middle class tax cuts and hand President Bush his fourth major tax victory since taking office.
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Democratic congressional leaders pushed on Tuesday to finish bills to pay for military, veterans health care and domestic programs, while possibly injecting more Iraq war funds into the pipeline, as President George W. Bush again threatened to wield his veto pen.
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In a letter to Senate Majority Leader Bill Frist, R-Tenn., Snow called on Congress &quot;to increase the debt limit by mid-November, at which time all of our previously used prudent and legal actions to avoid breaching the statutory debt limit will be exhausted
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The White House is ready to ask Congress for more money for President Bush's plan &#151; already hotly debated &#151; to send 21,500 new combat troops into Iraq.
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House Ways and Means Chairman Charles B. Rangel (D-N.Y.) vowed today to reach accord with congressional Republicans and President Bush over an economic stimulus package, even snubbing his presidential candidate, Hillary Rodham Clinton, in the interest of bipartisanship.
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A legislative package designed to  stimulate the slumping economy could be passed by Congress and  signed into law by President George W. Bush within a month,  House Majority Leader Steny Hoyer said on Wednesday.
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House Democratic leaders vowed Thursday to pass legislation setting a deadline of Sept. 1, 2008, for the withdrawal of U.S. combat troops from Iraq, a challenge to President Bush's war policy that drew a blunt veto threat in return.