Reply to Thread New Thread |
06-30-2011, 02:01 PM | #1 |
|
CNN: http://money.cnn.com/2011/06/30/news...senate_recess/
The Senate will forgo its scheduled recess for the week of July 4 to work on legislation to raise the debt ceiling and cut the deficit, Senate Majority Leader Harry Reid said Thursday. "The work we're doing to cut the deficits and create jobs is too important, the obstacles too steep and the time too short to waste even a moment," Reid said. "There's still so much to do to put American back to work and cut our deficits." The Senate will take Monday, July 4 off, but will return to work on July 5, including holding votes, Reid said. Lawmakers must raise the nation's $14.3 trillion legal borrowing limit soon. The Treasury Department says that on Aug. 2 it will run out of money to pay the nation's bills in full and on time. That deadline is now just weeks away. |
|
Reply to Thread New Thread |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|