Debt Ceiling Increase Voted Down –

A measure that would have increased the U.S. debt ceiling by $2.4 trillion was voted down in the House of Representatives.  The House voted 318-97 with 236 Republicans and 86 Democrats voting against the legislation.  For passage, the measure required 277 votes or two thirds of the members voting.  

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-05-31/u-s-house-defeats-debt-ceiling-measure-in-vote-democrats-call-a-charade-.html

Jim Sutliff

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