Debt Talks Face Tough Road of Trade-Offs

Townhall Staff

Jun 17, 2011 10:25 AM Jun 17, 2011

Opinion

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Negotiators trying to tame the United States' spiraling debt said on Thursday that they had tentatively agreed on a number of cuts and are now gearing up for tough trade-offs that could lead to trillions of dollars in savings.

"We've gone through a first, serious scrub of each of the categories that make up the total federal budget," Vice President Joe Biden told reporters. "Now we're getting down to the real hard stuff: I'll trade you my bicycle for your golf clubs."

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