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Obama signs US debt ceiling bill into law
[Al Jazeera] The US Senate has approved a bill that raises the country's borrowing limit and averts a possible default, after the lower house of congress approved it on Monday following weeks of political wrangling.

The upper house of congress passed the measure by 74 votes to 26. It required 60 votes to pass.

Barack B.O. Obama, the US president, has signed the bill into law following Tuesday's vote.
Posted by: Fred 2011-08-03
http://www.rantburg.com/poparticle.php?ID=327373