Congressional negotiators are touting a U.S. budget accord that will ease the long-criticized automatic spending cuts for the next two years, remove the risk of a government shutdown and cut the deficit by $23 billion.
The question now is whether both chambers of Congress will go along with it.
“I’m real disappointed in the deal” because it increases fees and raises costs on pensions, among other steps, Senator Tom Coburn, an Oklahoma Republican, said today on MSNBC’s “Morning Joe” program. “It’s not anything I can support.”
Source: Business Week. Read full article. (link)