A bipartisan group of six Senate and House lawmakers, led by Vice President Joe Biden, has found common ground on at least $200 billion in cuts by focusing on mandatory federal spending, such as agriculture subsidies, outside of politically sensitive entitlement programs like Medicare, according to people close to the negotiations.BloombergAccording to the speaker of the house, the Senate has earned two months. If the House approves, the Tea party will give the Senate a week off, with pay and benefits. Then the Tea party should keep the Senate nose to the grindstone.
Thursday, May 19, 2011
A two month debt extension
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment