The proposed House-Senate budget deal is being vetted by independent observers and, to date, has been positively received. The Congressional Budget Office's analysis of the deal found that the numbers match those touted by the dealmakers. The CBO said the deal will lead to $78 billion in direct spending reduction and $7 billion in additional revenues. Standard & Poor's estimated that the deal could add 0.2% to the economy, allowing GDP to clock in at 2.8% for the year.

Full Story:
Hill, The, Hill, The

Related Summaries