A balance of cuts and revenues needed to resolve default crisis
Jul 29 2011 19:08
By Dean Crocker and Christopher St. John, Special to the BDN
The Aug. 2 deadline to raise the nation’s debt limit
is just days away. Without question, Congress must raise the debt limit. Failing to do so will disrupt the markets, raise interest rates for struggling businesses and families and damage our already weak economy. The economic security of thousands of Maine seniors, veterans, children and families is at risk.
Most Americans want policymakers in Washington to put together a balanced approach to deficit reduction that results in shared sacrifice. Unfortunately, that is not where Congress
and the administration are headed. Read the full article.
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