From the White House
On Friday, February 12, 2010, the President signed into law:
H.J. Res. 45, the Statutory Pay-As-You-Go Act of 2010, which increases the public debt limit from $12.394 trillion to $14.294 trillion; and establishes a statutory Pay-As-You-Go procedure requiring that new non-emergency legislation affecting tax revenue or mandatory spending not increase the Federal deficit.
Also today, the White House issued a statement on Haiti on its day of mourning--excerpt:
Nevertheless, the situation remains dire. Even before the earthquake, Haiti was the poorest country in the Western Hemisphere. Today, the need for food, shelter, medical supplies and basic security is enormous, and the coming rainy season will pose new challenges. Infrastructure that was destroyed in minutes will take years to rebuild. Guided by the roadmap for cooperation and coordination developed by the government of Haiti, the United States will support our Haitian partners as they transition from emergency assistance to recovery and long-term reconstruction. The United Nations continuing appeal for additional peacekeepers and police, as well as next month’s donors’ conference at the United Nations, offer important opportunities for countries around the world to help Haiti recover and rebuild.
Amidst unimaginable suffering, the people of Haiti have inspired the world with their faith, strength of spirit and determination to rebuild. In the difficult months and years to come, they will continue to have a friend and partner in the United States of America. Read more here.
