Are they just making it up?

Administration asks Congress to up debt limit - Stocks & Economy - MSNBC.com

I noticed that the new federal debt limit is going to be increased. Oh, wait. I guess the President is actually asking that it be increased, as if that won't happen or something. This story mentions that it might go to...oh, let's just say $8.99...trillion. Not a penny more and surely not a penny less, like a K-Mart special. Less than 9 trillion? Sign me up!