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What the Joint Select Committee on Deficit Reduction is: As part of the Budget Control Act of 2011 ( S. 365 Public Law 112-25 [.pdf]) deal to raise the debt ceiling, Congress created a joint
The Treasury Department is using what it refers to as "extraordinary measures" in order to buy time until Congress raises the $14.3 trillion debt ceiling, which the government hit on May 16.
House of Representatives approval along party lines in a before-dawn Feb. 19 vote on a spending bill to fund the remainder of the fiscal year that would cut $61 billion from federal agencies, has
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