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Show MORGENTHAU DENIES HIKE INJEBT LIMIT WASHINGTON, Nov. 9 0 Secretary Morgenthau today said that neither President Roosevelt nor he would ask congress to lift the federal debt limit The chief executive and treasury treas-ury hesd had been expected to recommend raiting the debt ceiling ceil-ing from $45,000,000,000 to probably prob-ably $50,000,000,000 In order to clear the way for continued federal fed-eral deficit spending. "Congress makes the appropriations," appropri-ations," Morgenthau said. "I am just the paymaster. If we get up to the debt limit, I won't draw checks for a penny more." |