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Debt deal won't cut entitlements

Aug 1, 2011
If members of Congress agree to this new debt deal, entitlement programs won't be cut -- at least initially. But big cuts could come in the second round

Jacob Lew on the details and politics of the debt ceiling deal

Aug 1, 2011
The director of the Office of Management and Budget at the White House talks about the effects of the deal, and what he hopes for in discussions between the political parties in the future

Hours before the debt deal vote, how are conservative Republicans in the House feeling?

Aug 1, 2011
The proposal announced late yesterday calls for big cuts over the next decade, including nearly $2.5 trillion to defense and entitlement programs

Debt ceiling plan hits defense budget

Aug 1, 2011
The tentative debt plan initially cuts over $350 billion from the Pentagon's budget -- and more cuts could come eventually

Debt deal avoids a default, but a downgrade may be coming

Aug 1, 2011
The credit rating agencies could still downgrade U.S. debt because of worries over our overall debt load.

Congressional debt deal relies on 'triggers' for future cuts

Aug 1, 2011
Democrat and Republican leaders have reached a tentative deal to raise the U.S. debt ceiling. But most analysts say this compromise is far from a cure-all for what ails the U.S. economy.

Cuts you can count on

Jul 29, 2011
Whatever the ultimate debt ceiling deal, some things are certain

Stalled U.S. growth numbers have sobering effect

Jul 29, 2011
Personal finance expert Jill Schlesinger helps make sense of today's depressing GDP figures.

Congress' debt delay may be counterproductive, but it's not procrastination

Jul 29, 2011
Congress postponed a key vote on a Republican debt reduction plan, and pushed the decision back even closer to the deadline. But to those who study human behavior, it's not exactly procrastination.

After delayed debt vote, economists say we're in debt 'Twilight Zone'

Jul 29, 2011
Last night, a vote on Republican Speaker John Boehner's debt reduction plan was postponed. And some former Treasury Department officials say the debt ceiling is pointless.

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