BBC Q&A On US Debt Deal Is Really Q&BS
I was going to leave this alone today, but it’s just too egregious to resist. Check out the BBC’s Q&A page for the debt crisis. We’ll just go Q by Q, as it were. What is the proposed deal? Under the the agreement, the US deficit will be reduced by at least $2.4tn over 10 years. The ceiling for US borrowing will be raised by about the same amount in … Continue reading