1. Tentative Deal on Debt Crisis
... announced a tentative compromise that will at least stave off the bankruptcy that America was headed for. The deal, which will take effect in two different steps, will boost the nation's debt ceiling to $14.3 trillion while also reducing government spending in the future. The first $1 trillion in spending will be cut in the next decade - the same amount that the ... (Norman). "It ensures also that we will not face this same kind of crisis again in six months, or eight months, or 12 months. And it will begin to lift the cloud of debt and the cloud of uncertainty that hangs over our econo...
- Word Count: 803
- Approx Pages: 3
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