By Ilene (Guest Post)
With less than two days left before the Treasury Department had said the nation would default, on Sunday night, President Obama announced that U.S. House and Senate had approved an agreement to raise the nation’s debt ceiling by $2.1 trillion and cut the federal deficit by as much as $2.5 trillion over a decade, a deal that must now be passed by the Congress. The debt ceiling crisis on Capitol Hill has provided some very dramatic moments of political theater last week. Robert Reich takes a harsh view of the Republican theatrics,– Repeat after me: The federal…
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