For debt-ceiling deal to become law, what needs to happen by Tuesday
Selling the debt-ceiling deal to a critical mass of lawmakers is a formidable political reach. Many conservatives say the deal doesn’t go far enough, while some liberals say the richest Americans should have to pay more taxes…
Read the entire article at: http://www.csmonitor.com/USA/Politics/2011/0801/For-debt-ceiling-deal-to-become-law-what-needs-to-happen-by-Tuesday
Stocks rally after debt agreement is reached
NEW YORK — Stocks are rallying after President Barack Obama and Congressional leaders announced that they had agreed on a deal to raise the nation’s borrowing limit ahead of Tuesday’s deadline.
Read the entire article at: http://www.ajc.com/business/stocks-rally-after-debt-1064435.html
2 trillion in spending cuts over the next 10 years, in return for a 2 trillion increase in the debt limit and no tax increases.
yeah, that’s fair! (NOT)
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