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Posts Tagged ‘balanced budget amendment’


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New Day of Reckoning


Friday July 1st, 2011   •   Posted by Emily Skarbek at 6:00am PDT   •   2 Comments

The White House is now reporting that the debt day is approaching faster than expected. August 2nd was the cut-off date for negotiating a deal, but now Congress must agree to a deficit-reduction deal by July 22 to avoid hitting the limit. Meanwhile, Republicans and Democrats are deadlocked in opposing positions. Included in one…
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