Senators Impatient Over Biden Group's Debt Plan

I am growing impatient with Congress as a whole. They are very good at telling others what to do. However, they fail to that themselves. I do hope that Biden's group can come up with a plan that is good for the majority. But, this plan should have been worked out last year.

It's crunch time for a deal to raise the debt ceiling. Congressional negotiators, led by Vice President Biden, say they want to reach agreement by the end of next week, and they're meeting daily behind closed doors to get there.

But serious differences clearly remain over the austerity package Republicans have demanded in exchange for voting to raise the debt limit by Aug. 2.

To hear House Majority Leader Eric Cantor tell it, all is well in these closed-door sessions to strike a deal for raising the debt ceiling.

"I continue to remain optimistic that we can get some real savings, and as the speaker has laid out, we need trillions of dollars of savings in spending cuts, and to demonstrate to the American people that we're changing the system here," Cantor says.

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