Debt Ceiling Deal and Spin
By R. Mitchell on Aug 03, 2011 in Politics
Debt Ceiling Deal and Spin The Debt Ceiling Deal On August 2, 2011, President Barack Obama signed the Budget Control Act, hours after the Senate approved the bill. The bill will raise the debt ceiling by as much as $2.4 trillion. The bill does not cut spending – it will continue to increase, but will [...]
