U.S. Debt Ceiling, Deficit Reduction

U.S. Debt Ceiling, Deficit Reduction Play

Aug. 1 (Bloomberg) -- Former U.S. Representative Tom Davis, a Virginia Republican, and Martin Frost, former Democratic U.S. Representative from Texas, discuss negotiations on raising the U.S. debt ceiling and deficit reduction. The House plans votes today and the Senate may follow suit to consider the agreement reached during a weekend of negotiations that capped a months-long struggle. They speak with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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