Tue July 5, 2011
Today's 'Deficit Deal' Headlines
What's going on with the talks in Washington between Republicans and Democrats over the budget, the debt and the federal debt ceiling? As deadlines approach — the White House wants a deal by July 22 to avoid a potential government shutdown on Aug. 2 — we'll keep an eye on the latest headlines. Here are some of today's (and as often happens on stories like this, there are conflicting reports):
-- Reuters — "Analysis: Debt Deal Not That Far Out Of Reach."
-- The Wall Street Journal -- "Deficit Talks Focus On Taxes; Democrats, GOP At Odds Over Raising Revenue As Negotiations Hit Crucial Stage."
-- Politico — Rep. James Clyburn, (D-SC): "GOP Tax Pledge Killing Debt Deal."
-- Bloomberg News — Sen. John Cornyn (R-TX) "Says Republicans May Accept 'Mini' Deal on Raising U.S. Debt Limit."
-- The Hill -- "Redistricting Adds To Republican Leaders' Debt-Vote Pressures."