We Have A Deal, But The BBC Casts Doubt On The Tea Party
So the US Congressional leadership has agreed to a budget deal – the first real one since the President took office, as it happens – to temporarily stave off a default and financial ugliness. The agreement will raise the debt ceiling by $900 billion, and create and a cut of $1 trillion in spending over the next 10 years. Most media seem to be qualifying it as an “immediate” cut, … Continue reading