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Tag: 4 Trillion


Flickr / SpeakerBoehner

Obama Thinks Big, Republicans Balk in Deficit Talks

No visible progress was made during deficit talks Sunday in which President Barack Obama failed to persuade House Republicans to support $4 trillion in cuts over the next 10 years. (more)

Posted on Jul 10, 2011 READ MORE


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Flickr / SpeakerBoehner

Boehner Accepts Smaller Deficit Cuts

On Saturday evening, Speaker of the House John Boehner accepted less than he previously asked for in a deficit reduction plan. He slashed the GOP demand for total cuts from $4 trillion to, roughly, the $2 trillion suggested by the White House, and he tentatively agreed to some form of tax increase. (more)

Posted on Jul 9, 2011 READ MORE


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