Congressional Leaders Strike Debt Deal

Debt

Leading Democrats and Republicans in both houses of Congress meet their groups Monday for a difficult to sell a compromise package of debt relief with President Obama, until an excursion is the limit of debt of $ 2.4 billion, as legislators, an amount equal or greater spending cuts can be found. But even if you can not find solutions to their cuts. If a Committee set up by the proposal that their recommendations for further cuts approved until the end of this year, a “trigger” in the plan will be adopted automatically generalized cuts. Read more