debt deiling

Congress Charts New Collision Course Over Deficit

Posted on 01/24/2013 by | General News | Comments

Bulletin Today | PoliticsBy Charles Babington of The Associated Press WASHINGTON (AP) — The nation’s sharp disagreements over taxes and spending are on a re-routed collision course, as Senate Democrats launch a plan that includes new taxes and House Republicans vow to speed up their plan to balance the federal budget with spending cuts alone. The Republicans’ new approach would require even deeper cuts in social programs than they pushed last year. Liberals denounced those earlier plans as severe and unfair, and they …