US went bankrupt Friday

From: rick++ (rick303_at_hotmail.com)
Date: 10/05/04 

Date: 5 Oct 2004 13:51:43 -0700

The US exceeded its statutory debt limit of $7.384 trillion dollars
on the first day of FY 2005 Oct 1.
http://www.publicdebt.treas.gov/opd/opdpdodt.htm
I wonder if this will become a campaign issue.
Congress just has to pass a new bill increasing the limit. Otherwise the treasury
cant sell new bonds for a while.
The US goes "bankrupt" in this fashion about every other year.

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