2011 debt ceiling fight, Obama agreed to cut $900B
发表于 ： 2023年 1月 19日 20:43
Now, the debt ceiling is a perennial political bargaining chip.
The 2011 fight over the debt limit was resolved when then-President Barack Obama agreed to spending cuts worth more than $900bn - and the debt limit was lifted by a similar amount.
Some Republicans are pushing for spending cuts again this time - a position that Democrats have rejected.
The 2011 fight over the debt limit was resolved when then-President Barack Obama agreed to spending cuts worth more than $900bn - and the debt limit was lifted by a similar amount.
Some Republicans are pushing for spending cuts again this time - a position that Democrats have rejected.