Raw Data: Democratic Fact Sheet on Reducing the Deficit, Raising the Debt Limit and Avoiding Default
From: Fox News | July 31, 2011
The debt-reduction deal proposed by President Obama, Senate Democratic Leader Harry Reid and House Speaker John Boehner have reached a deal that caps spending by small amounts in the first two years, but sets caps on spending and allows a Democratic alternative to a Balanced Budget Amendment demanded by House Republicans.
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