The deficit-reduction deal that the House approved Monday might allow Washington to narrowly avert a self-inflicted fiscal disaster, but it does not get to the root of the nation’s long-term debt problem, according to economists and independent budget experts. The deal struck by the White House and congressional leaders to raise the debt limit would cut deficits by at least $2.1 trillion over 10 years.
Comment on Fiscal analysts see debt-limit deal as missed opportunity to fix real problems
Michael A. Fletcher, Washington Post: Business
Mon, 08/01/2011 - 6:36pm
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