Unacceptable! The National Debt has increased more than that in the past 3 years under Obama. The ONLY acceptable solution is to spend no more money than the government takes in. Otherwise, the debt will continue to grow. So if they are proposing cutting the debt and are serious, why not stop the spending now?
Washington (CNN) — With the deadline to reach a debt ceiling agreement just two days away, congressional leaders and the White House are mulling parts of a tentative deal that would extend the debt limit through next year.
The framework of the emerging deal to raise the nation’s debt ceiling calls for up to $2.8 trillion in total deficit reduction over the next decade, two sources familiar with the negotiations told CNN late Saturday night.