WASHINGTON (Reuters) - Lawmakers reached into the past to find a way to enforce future budget cuts called for in the deal to raise the nation's $14.3 trillion debt limit, but history shows these enforcement mechanisms do not always work.
Reuters: Top News, Reuters
Sun, 07/31/2011 - 6:44pm
WASHINGTON (Reuters) - Lawmakers reached into the past to find a way to enforce future budget cuts called for in the deal to raise the nation's $14.3 trillion debt limit, but history shows these enforcement mechanisms do not always work.