Jun 2 2011
Los Angeles Times: House Deals Symbolic Blow to Raising Debt Ceiling
The House overwhelmingly refused to raise the nation's borrowing ability Tuesday — a largely symbolic vote designed to bolster Republican arguments that a successful measure must include deep spending cuts and sweeping policy revisions. … Congressional leaders and the White House are negotiating behind closed doors, seeking a package of spending cuts and budget policies that would entice Republicans to support a higher debt limit. GOP leaders have said they would not agree without trillions in cuts, and they want changes in programs such as Medicare (Mascaro, 6/1).
This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.
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