Senate Majority Leader Harry Reid (D-NV) has signed off on a deal to raise the debt limit pending the approval of his caucus -- and of course if can win the backing of Senate GOP leaders and then a majority of the House.
Seeded on Mon Aug 1, 2011 9:07 AM EDT
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Democrats say they're confident that the enforcement mechanism is robust enough to convince Democrats and Republicans to deal fairly on the committee -- to come up with a somewhat balanced package of entitlement reforms and tax increases.
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