Committee members continued to meet on Capitol Hill to present legislation that could be voted on by the Congress to cut $1,200bn from the budget over 10 years.
But both sides had already begun to blame each other, with Republicans resisting tax rises in any form and Democrats demanding extra revenues be balanced against spending cuts on the grounds of fairness.
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Filed under: * Culture-Watch Aging / the Elderly Young Adults * Economics, Politics Economy Personal Finance Taxes The U.S. Government Budget Medicare Social Security The National Deficit Politics in General House of Representatives Office of the President Senate
Posted November 21, 2011 at 1:10 pm
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