8 M& W# J* f% I0 ]Congress is due to vote today on an eleventh-hour debt deal between Republicans and Democrats to save the US economy from default.: m# T5 k4 N) o% Q. N" c& D8 }* \+ |
The plan would raise the government's borrowing limit by at least two trillion dollars. Spending would be cut by a similar amount with a bipartisan committee helping to decide where the axe should fall.5 @8 G. u4 Q) d" d$ a- l+ D3 z/ g