Congress raises debt limit, then votes to curb spending

McClatchy

Feb. 5, 2010

"While the change may be a baby step, 'it is meaningful, because it has teeth,' Charles Konigsberg, the director of the deficit reduction task force at the Bipartisan Policy Center, an independent research group, said of the plan. If offsets aren't adopted, spending could be subject to automatic, across-the-board cuts."

Read the full article here


Debt Initiative, Economic Policy Project