‘Super Congress’ expected to solve the debt deal

August 3rd, 2011 - 7:59 pm ICT by Aishwarya Bhatt  

Washington, Aug 3 (THAINDIAN NEWS) The United States is going all length to ensure that the country get out of the current debt crisis. The country’s lawmakers are currently locked up in negotiations to find a lasting solution to the problem that promises to shake the very foundation of the United States’ economy.

After meeting the deadline to avert the first-ever debt default in the history of the country, US lawmakers have voted to form what is called the Super Congress to ensure that the country doesn’t go to that length again in the near future. The future though doesn’t look that good as far as saving the economy is concerned.

The Super Congress will be bipartisan comprising of leading members from the two main political forces in the United States: Democrats and Republicans. The membership will be made up of six Democrats and six Republicans and they have been tasked to come up with a plan by the end of work on the 23rd of November. The final plan will be the blueprint which will help the country to stay out of debt crisis in the future by introducing cuts which will drive the budget deficit down.

The Super Congress is a condition in the new law which raised the US debt ceiling.

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