House To Vote On Cut, Cap, and Balance Deal

Written by FrumForum News on Friday July 15, 2011

Reuters reports:

The House of Representatives will vote next week on a "cut, cap and balance" plan that calls for any debt deal to include spending cuts and caps along with a balanced budget amendment, lawmakers said on Friday.

Even if the measure passes the Republican-led House, it is not likely to pass the Democrat-dominated Senate.

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