Obama and Leaders Reach Debt Deal (New York Times)

WASHINGTON — President Obama and Congressional leaders of both parties said late Sunday that they had agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over the next decade and clear the way for an increase in the government’s borrowing limit.


For the full story see, Leaders Agree on Framework.


From The New York Times, July 31, 2011 © 2011 The New York Times All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of the Material without express written permission is prohibited." http://www.nytimes.com