President Obama to Begin Debt Ceiling Negotiations

President Obama is scheduled to begin meeting with House and Senate leadership to negotiate an agreement to raise the debt ceiling and reduce the deficit. August 2nd remains the date that the Treasury Secretary forecasted that the federal government would exceed the debt ceiling and begin defaulting on federal commitments. If a long term agreement cannot be reached soon, Congress can try and pass short term increases in the debt ceiling. The Arc continues to advocate that efforts to reduce the deficit do not fall disproportionately on people with disabilities and that Congress take a fair and balanced approach.

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