The Sorry History of Debt Ceiling Negotiation
Usually, a negotiation involves two sides giving and taking and inching closer to agreement. In Washington, it means barely budging for seven straight months. A primer on how to not reach a deal
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Usually, a negotiation involves two sides giving and taking and inching closer to agreement. In Washington, it means barely budging for seven straight months. A primer on how to not reach a deal.
Dec. 1, 2010
The bipartisan deficit commission headed by Republican Alan Simpson and Democrat Erskine Bowles proposes a $4 trillion reduction through 2020. It considers cuts to discretionary and entitlement spending as well as raising tax revenues through closing loopholes and certain subsidies.