Monday, August 1, 2011
Debt Ceiling's Last Hurdle
A deal has been finalized between the Senate and the House of Representatives to raise the US debt ceiling and avoid an economic disaster. The bill must now go to Congress to receive approval. It is almost certain that it will pass congress, as the increase must be passed by tomorrow. The circus that Republicans have made this issue is coming to a close. At least they didn't call Obama's bluff.