2013 Spending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Early 2013 . spending cuts up front and a special committee to recommend cuts was 1.4 to match the debt ceiling increase. the committee must make recommendations before the recess. if congress doesn't approve the cuts, cuts go across the board including medicare . leading democrats insist they are still evolved. >> we have to keep work but i do feel better today about the ability to avoid default than i felt yesterday. >> one house republican whip was asked if he could get the tea party deal . the gop got much of what it wanted. >> and he wanted a debt ceiling with no cuts whatsoever . then he...

>> i hope so. >> it is a long and tense weekend here on capitol hill . there are a number of issues that yet to be resolved. >> the tide turned on saturday after mitch mcconnel and boehner spoke by phone. mcconnel said he was close to recommend a deal to fellow republicans. >> now, i think the potential agreement that you just outlined is in our reach. we would avoid default and avoid raising the taxes and begin to the get the federal government's house in order. >> it included three trillion over three years and a debt ceiling increase to get to early 2013 . spending cuts up front and a speci...