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The Members of the Joint Select Committee on Deficit Reduction

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March 18, 2011 · by Jessie · Spark Notes

Leadership named the twelve members of the Joint Select Committee on Deficit Reduction this week.  The full list of members is available after the jump.  Observers are skeptical about the chances of this committee to agree on anything, given the vast political differences between the members.  On the other hand, if the committee is able…

Debt Deal Reached Just Prior to Deadline

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March 10, 2011 · by Jessie · Spark Notes

The House and Senate passed, and the President signed, legislation to increase the borrowing authority of the federal government on August 2.  Included in the final agreement are provisions related to Stafford Loans and the Pell Grant Program.   In the end, the bill passed on a bipartisan basis in both the House and Senate.  It…