Just a tiny increase in the Credit Card Limit. The debt limit currently stands at $15.194 trillion and would increase to $16.394 trillion with the request. Just a measly 1.2 TRILLION. I mean, what's a trillion bucks between friends. Right? If you will recall, last summer's 2.1 Trillion increase was supposed to last till 2013. OOPS. Don't worry your little head about it. It just means that g...asoline now has to go to $6 bucks a gallon. That's what happens when your print more money. Aren't we all glad this bunch is in the drivers seat??? We ARE going to collapse...and you will suffer the worst of all. The rich and the ruling class (government employees and legislators) will be insulated from the mess. The middle and poor folk will take it the hardest. Be prepared. This is going to get ugly. But, go ahead and vote these crooks in once again and see what happens. See More

Obama to ask for debt limit hike: Treasury official

www.reuters.com

WASHINGTON (Reuters) - The White House plans to ask Congress by the end of the week for an increase in the government's debt ceiling to allow the United States to pay its bills on time, according to a