okay, deal(nog niet 100% ).
Dus geen QE3 met rating-downgrade als gevolg
Bezuinigen op z'n europees en weinig economische groei.
Een kleine recessie nu lijkt mij onvermijdelijk.
Wie denkt er anders over ?
Debt ceiling deal: $2.8 trillion in spending cuts
By Alan Silverleib and Tom Cohen @CNNMoney July 31, 2011: 6:05 AM ET
WASHINGTON (CNN) -- The framework of a tentative deal to raise the nation's debt ceiling calls for up to $2.8 trillion in total deficit reduction over the next decade, two sources familiar with the negotiations told CNN late Saturday night.
The agreement, still being negotiated by the White House and bipartisan congressional leaders, would allow the debt ceiling to be raised by enough to last at least through the end of 2012.
The debt limit would be increased in two stages, both of which would occur automatically -- a key Democratic demand that would prevent a repeat of the current crisis before the next election.
The agreement includes upfront spending cuts in the range of roughly $1 trillion, the sources said. A special congressional committee would recommend additional spending reductions of up to $1.8 trillion no later than Thanksgiving. If Congress fails to approve the recommended cuts by late December, automatic, across-the-board cuts -- including both defense and Medicare -- would take effect.
News of a possible deal came shortly after the Senate delayed consideration of Majority Leader Harry Reid's debt ceiling proposal late Saturday night, pushing back a key procedural vote by 12 hours.
The vote to stop debate and end a GOP filibuster on the plan will now be held at 1 p.m. ET on Sunday, as opposed to 1 a.m.
Reid, D-Nevada, said he was asking for a delay to provide additional time for negotiations underway at the White House.
There are "many elements to be finalized" and still "a distance to go," Reid said. "We should give everyone as much room as possible to do their work."
Reid's announcement capped a day of sharp partisan voting in the House and extended talks behind closed doors between congressional and administration officials. Concern continued to grow that Congress will fail to raise the nation's debt ceiling in time to avoid a potentially devastating national default this week.
Earlier Saturday, the Republican-controlled House rejected Reid's plan -- partisan payback for the Democratic-controlled Senate's rejection of GOP House Speaker John Boehner's plan Friday night.
House members rejected Reid's plan in a 173-246 vote. Most Democrats supported the measure; every Republican voted against it.
While the political maneuvering continued, the clock continued to tick down. If Congress fails to raise the current $14.3 trillion debt ceiling by August 2, Americans could face rising interest rates and a declining dollar, among other problems.
Some financial experts have warned of a downgrade of America's triple-A credit rating and a potential stock market plunge. The Dow Jones industrial average dropped for a sixth straight day on Friday, costing investors $700 billion.
Without an increase in the debt limit, the federal government will not be able to pay all its bills next month. Obama recently indicated he can't guarantee Social Security checks will be mailed out on time