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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Post by 20/20/12on Feb 12, 2014 3:48pm
173 Views
Post# 22201707

Raise Debt Ceiling

Raise Debt Ceiling
BREAKING NEWS Wednesday, February 12, 2014 3:14 PM EST
Republicans in Senate Muster Votes to Raise Debt Ceiling
Senate Republican leaders on Wednesday rescued a measure to raise the nation’s borrowing limit, overcoming a filibuster from members of their own party and averting a potential shock to the economy.
A vote to cut off debate on the debt ceiling measure passed 67 to 31, after a dramatic scene on the floor when Republicans managed to muster 12 votes in support, clearing the way for final approval.
The legislation required 60 votes to clear a procedural hurdle and break a threatened filibuster after Senator Ted Cruz, Republican of Texas, said he planned to object to any effort to raise the debt ceiling with a minimum of 51 votes. But he failed in his attempt to unite Senate Republicans to prevent the increase.

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https://www.nytimes.com/2014/02/13/us/politics/senate-debt-ceiling-increase.html?emc=edit_na_20140212
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