Wednesday, November 10, 2010

Bipartisan deficit proposal turns partisan

A deficit proposal to cut spending by $100 billion and raise taxes by $100 million was disapproved by republicans as they called for larger spending cuts and were not happy with the tax proposal. Even during this lameduck session of congress, the Democrats are struggling getting some of their agenda passed, as seen with health care and the stimulus package as well. This could be a sign for a huge gridlock once the new congress arrives with two divided houses.

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