Sunday, July 31st, 2011

 

Debt ceiling negotiations, July 31, 2011, 2:45 PM, Senate Minority Leader Mitch McConnell, Avoid default

Debt ceiling negotiations update, July 31, 2011, 2:45 PM, Senate Minority Leader Mitch McConnell, Avoid default From the Wall Street Journal July 31, 2011. “With the risk of a government default less than three days away, congressional leaders on Sunday said they were getting closer to a deal that raises the government’s borrowing limit, resolving the federal debt crisis. “I can pretty confidently say this debt-ceiling increase will avoid default,” Senate Minority Leader Mitch McConnell (R., Ky.) said on CNN. Live Blog: The Debt Battle The White House and congressionalRead More


Tentative budget deal reached, ABC news reports, Debt ceiling increase, Guarantee an equal amount of deficit reduction

Tentative budget deal reached, ABC news reports,┬áDebt ceiling increase, Guarantee an equal amount of deficit reduction From ABC News July 30, 2011. “Democratic and Republican Congressional sources involved in the negotiations tell ABC News that a tentative agreement has been reached on the framework of a deal that would give the President a debt ceiling increase of up to $2.4 trillion and guarantee an equal amount of deficit reduction over the next 10 years. The details are still being worked out, and a senior White House aide tells ABC News,Read More