American Morning

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August 1st, 2011
10:47 AM ET

Winners and losers in the debt deal

It could be the beginning of the end when it comes to the current debt ceiling crisis.

Last night, President Obama announcing a deal to raise the nation's debt limit in exchange for deep spending cuts. But the President and House Speaker John Boehner also admit that the agreement is far from perfect.

Who stands to win and who stands to lose in this deal?

This morning on American Morning, Stephen Moore with the Wall Street Journal Editorial Page and Norman Ornstein with the American Enterprise Institute look at who stands to gain and who will lose in the debt deal.

Filed under: Budget • Debt • Debt ceiling • Deficit
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