McConnell Offers ‘Backup Plan’ to Avert Default

Another day, another round of meetings and threats , and still no deal on the debt ceiling. But the big news looks to be a surprise “backup plan” from Mitch McConnell that would give President Obama unprecedented power to raise the debt ceiling by $2.4 trillion in three installments through…

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McConnell Offers ‘Backup Plan’ to Avert Default

Posted by on July 12, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.