Exclusive to Yahoo! News - Allow me to go out on a limb here and predict that President Obama and Republican leaders will agree to raise the debt ceiling, averting an economic crisis. This prediction is based in part on reports I am hearing of tentative progress: Administration sources say both sides are agreeing to cuts in spending in a cordial and serious process, and that the cuts are distributed among the constituents of both parties. If they continue making progress, they'll be able to win the votes from House Republicans and nervous Senate Democrats to pass a debt ceiling increase.You’ve seen this movie: Debt limit fight following familiar script (Exclusive to
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Exclusive to Yahoo! News - Allow me to go out on a limb here and predict that President Obama and Republican leaders will agree to raise the debt ceiling, averting an economic crisis. This prediction is based in part on reports I am hearing of tentative progress: Administration sources say both sides are agreeing to cuts in spending in a cordial and serious process, and that the cuts are distributed among the constituents of both parties. If they continue making progress, they'll be able to win the votes from House Republicans and nervous Senate Democrats to pass a debt ceiling increase.