WDAY: The News Leader

Published July 31, 2011, 12:00 AM

Deal Reached

The framework includes a debt ceiling increase of up to 2.4 trillion dollars, enough to last through the next presidential election. Agreement on up to 1.2 trillion in spending cuts over 10 years and a special congressional committee to recommend additional deficit reduction of up to 1.5 trillion dollars.
Read the article: Deal Reached for National Debt Crisis