How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants

How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants

The New York Times - Business:

The debt-limit legislation includes a provision meant to force both sides to pass additional bills following through on their deal: the threat of automatic cuts if they fail to do so.

This post first appeared in The New York Times - Business. Read the original article.