Debt bill enacted yesterday – what's next?

President Obama signed the emergency debt ceiling legislation into law yesterday just hours before a midnight deadline to get a deal done. The measure provides an immediate $400 billion increase in the $14.3 trillion U.S. borrowing limit, with $500 billion more assured this fall. Later this year, a special bipartisan 'supercommittee' will come together to … Continue reading Debt bill enacted yesterday – what's next?