Politics & Government
VIDEO: Rep. McGovern's Contribution to the Debt Ceiling Debate
Massachusetts 3rd District Congressman James McGovern contributed to the debate over the weekend.
Though the details of plan have changed since Saturday, rigerous debate and planning over the weekend have yielded a plan to avoid a default on the debt ceiling.
“Sometimes it seems our two sides disagree on almost everything,” said Senate majority leader Harry Reid (D) of Nevada on Sunday evening, as quoted in the The Christian Science Monitor. “But in the end, reasonable people were able to agree on this: The United States could not take the chance of defaulting on our debt, risking United States financial collapse and worldwide depression.”
A Huffington Post article credited the successful negotiation to cooperation across the isles of Congress.
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"Senate Majority Leader Harry Reid (D-Nev.) has tentatively signed off on a deal to raise the nation's debt ceiling, which has been primarily negotiated between his Republican counterpart, Senate Minority Leader Mitch McConnell (R-Ky.), and President Barack Obama," said the article.
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