Hitting the Ceiling: How Will the Budget Control Act of 2011 Affect the Nation?

Hitting the Ceiling: How Will the Budget Control Act of 2011 Affect the Nation?

The debt ceiling became a point of major conflict in 2011 between Republicans, who control the House, and President Obama and the Democrats who remain in control of the Senate. This impasse was resolved in the short-term when Congress passed the Budget Control Act of 2011. Here, we examine the ramifications of the new measure.

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Posted Nov 22, 2011
 
Views: 1618
Tags Economy, Debt, Politics, Supercommittee
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