Congress Sends Bush $800B Debt-Limit Hike
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WASHINGTON Nov 18, 2004 - Congress sent President Bush an $800 billion boost in the federal borrowing limit on Thursday, spotlighting how the budget has lurched out of control in recent years and how hard it will be to afford future initiatives.
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WASHINGTON - Legislation to extend several popular middle class tax cuts cleared a House-Senate conference and could be on President Bush's desk within days, handing him a major legislative victory in the closing weeks of the presidential campaign.    The $145.9 billion package marked the fourth significant tax cut package that the president has championed since taking office...
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The U.S. House of Representatives on  Thursday prepared to raise the nation's debt ceiling by $800  billion, taking the new limit to $8.184 trillion.
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Congress approved an eight-month  extension of temporary highway funding on Thursday with  lawmakers still wrangling over spending and other proposals and  reluctant to test a White House veto threat.
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About 1.8 million federal employees would receive a 1.7 percent increase in their basic pay and a 0.5 percent average increase in their locality pay next year under a plan that President Bush sent to Congress yesterday, administration officials said.
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Democrats and Republicans clashed over deficits and tax cuts Thursday as Congress moved toward sending President Bush an $800 billion boost in the government&#39;s debt limit.
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With lopsided margins in both houses, Congress gave President George W. Bush his fourth tax cut in four years, extending three popular middle-class tax breaks and reviving some expired business tax incentives just six weeks before the
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The House today overwhelmingly approved a $146 billion shot in the arm for the nation's ailing economy, sending a stimulus package to the Senate with a bipartisan appeal to senators not to slow the bill with significant changes.
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BERLIN  - The United States welcomed a &quot;milestone&quot; decision by the Paris Club of creditor nations to cut Iraq &#39;s debt by up to 80 percent, and called on other creditors to follow suit.
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Congress, facing the prospect of an election-year recession, passed an emergency plan Thursday that rushes rebates of $600 to $1,200 to most taxpayers and $300 checks to disabled veterans, the elderly and other low-income people. President Bush indicated he would sign the measure.
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The Senate neared approval of an &#36;800 billion increase in the nation's debt limit on Wednesday, a major boost in federal borrowing that Sen. John Kerry and other Democrats blamed on the fiscal policies of President Bush.
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CRAWFORD, Texas  - President Bush 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.
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Congress will try to wrap up spending bills and raise the national debt limit to more than $8 trillion.
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President Bush asked Congress on Saturday for $3.2 billion to pay for at least 4,000 extra combat support troops and military police forces that commanders told the president they need in Iraq.
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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 House on Thursday passed a &#36;145.9 billion package of tax relief to extend three popular middle-class tax cuts, giving President Bush his fourth major tax victory since taking office.
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Hours before adjourning for the year, the U.S. Congress on Saturday sent President George W. Bush legislation that would open 8.3 million acres in the Gulf of Mexico to oil and natural gas drilling and redistribute billions of dollars in royalties to four Gulf states.