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Old 07-31-2011, 09:50 PM
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Debt Deal Reached

WASHINGTON (AP) — President Barack Obama and Republican congressional leaders reached historic agreement Sunday night on a compromise to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts.

Officials said Republican Speaker John Boehner telephoned Obama at mid-evening to say the agreement had been struck.

No votes were expected in either house of Congress until Monday at the earliest, to give rank and file lawmakers to review the package.

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Old 07-31-2011, 11:37 PM
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Re: Debt Deal Reached

so how would this 3 trillion dollar reduction occur within the 10 year plan? i mean what areas are getting cut?

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Old 08-01-2011, 12:18 AM
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Re: Debt Deal Reached

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Originally Posted by shoottokill View Post
so how would this 3 trillion dollar reduction occur within the 10 year plan? i mean what areas are getting cut?
We know whats not getting cut, and thats the wallets of the rich.
Thanks Tea party.

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Old 08-01-2011, 12:53 AM
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Re: Debt Deal Reached

they haven't said what they are going to cut. They are playing up the fact that they made a deal with each other

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Old 08-01-2011, 01:56 AM
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Re: Debt Deal Reached

Can this still be struck down or is this it?

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Old 08-01-2011, 02:36 AM
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Re: Debt Deal Reached

Bringing the troops home from Afghanistan and Iraq would save them lots of cash.

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Old 08-01-2011, 07:10 AM
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Re: Debt Deal Reached

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Bringing the troops home from Afghanistan and Iraq would save them lots of cash.

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Old 08-01-2011, 09:04 AM
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Re: Debt Deal Reached

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Originally Posted by candymosh2 View Post
WASHINGTON (AP) — President Barack Obama and Republican congressional leaders reached historic agreement Sunday night on a compromise to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts.

Officials said Republican Speaker John Boehner telephoned Obama at mid-evening to say the agreement had been struck.

No votes were expected in either house of Congress until Monday at the earliest, to give rank and file lawmakers to review the package.
I really hope they leave state colleges alone with this one and start cutting from other unecessiry program

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