New York Times (July 7)
2011/ 07/ 09 by jd in Global News
The U.S. risks default unless the debt ceiling is raised by early August. Negotiations leave the Times feeling “profoundly uneasy” because “vast changes are being discussed behind closed doors…and on a very tight deadline.” The vast changes include spending cuts for Medicare, Medicaid, Social Security, as well as overhauling the tax code.
Tags: Debt ceiling, Medicaid, Medicare, Social security, Spending, Taxes, U.S.