Tag: debt ceiling
By Jeralyn, Section Other Politics
Posted on Thu Jul 21, 2011 at 05:05:36 PM EST
Tags: budget, debt ceiling (all tags)
Posted on Thu Jul 21, 2011 at 05:05:36 PM EST
Tags: budget, debt ceiling (all tags)
The New York Times says President Obama and John Boehner are close to striking a deal on spending cuts and taxes. Democrats are reportedly very angry. According to the Times, it involves:
$3 trillion in savings that would be obtained through substantial spending cuts and future revenues produced through an overhaul of the tax code.
Fearful of leaks that stalled prior talks, both sides are clamming up. What that tells me: Someone's going to get thrown under the bus. [More...]
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