The last minute agreement by the House and Senate leaders
will go to Congress today with the final stamp of approval
begin given by President Obama.
The deal when approved will raise the nation's $14.3 trillion
debt ceiling, and prevent the United States from defaulting
on its debt this week. The first part of this agreement
will cut about $1 trillion dollars in spending over the next
10 years. The second part of the deal will require a
bipartisan committee of Congree to report by November
with a proposal to further reduce the deficit.
Sheila McKinney
