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Debt debate cheat sheet

By: Yossel in BRKB | Recommend this post (0)
Wed, 20 Jul 11 1:25 AM | 14 view(s)
Boardmark this board | Berkshire Hathaway

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Debt debate cheat sheet

Lisa Desjardins,

Host of CNN Radio's "American Sauce"

July 19, 2011 4:29 p.m. EDT

Explain it to me: Debt ceiling

STORY HIGHLIGHTS

A failure to raise the debt ceiling by August 2 could trigger a partial default for the U.S.

Tense negotiations between top Democrats and Republicans have become race against clock

CNN's cheat sheet breaks the debt ceiling debate down into easy-to-digest plans

Deals range from "the fallback" and "kick the can" to "just get to 2012" and "grand compromise"

link-
http://www.cnn.com/2011/POLITICS/07/15/debt.talks.cheat.sheet/index.html?hpt=hp_t1

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