Outline Of The Debt Deal
Via First Read:
1) the Democratic and GOP leaders agreed on the necessity to raise the debt ceiling by Aug. 2;
2) six of the eight congressional leaders in attendance said their preference was to go big in deficit reduction;
3) the two who said their preference was a mid-sized deal were Eric Cantor and Jon Kyl, veterans of the Biden talks where the $2.5 trillion deal was essentially written; and
4) Democrats don’t want significant cuts to come from Medicare and Social Security.Click here for reuse options!
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