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USA: debt to increase by $2 trillion in 2010

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Hello list,

 

You may find the following parallels of interest.

 

Democrats plan nearly $2 trillion debt limit hikeDec 11, 5:48 PM (ET)WASHINGTON (AP) - Democrats plan to allow the government's debt to swell by nearly $2 trillion as part of a bill next week to pay for wars in Afghanistan and Iraq. The amount pretty much equals the total of a year-end spending spree by lawmakers and is big enough to ensure that Congress doesn't have to vote again on going further into debt until after the 2010 elections.

http://apnews.myway.com/article/20091211/D9CHCOIG0.html

 

Senate sends $1.1 trillion spending bill to Obama

Associated Press – 2 hrs 1 min ago

 

 

 

WASHINGTON – The Senate on Sunday passed a $1.1 trillion spending bill with increased budgets for vast areas of the federal government, including health, education, law enforcement and veterans' programs.

http://news./s/ap/20091214/ap_on_bi_ge/us_congress_spending

 

History of the prior Venus-Saturn period:

"The Presidency of Benjamin Harrison (1889-1893) is best known for its economic legislation, including the the Sherman Antitrust Act and the McKinley Tariff , and for annual federal spending that reached one billion dollars for the first time. Democrats attacked the "Billion Dollar Congress", and used the issue, along with the growing unpopularity of the high tariff, to defeat the Republicans, both in the 1890 mid-term elections and in Harrison's bid for reelection in 1892.

http://cosmologer.blogspot.com/2008/12/predictions-for-usa-in-2009.html

 

Thor

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