House Democratic Leader Nancy Pelosi offered a lukewarm, at best, assessment of the debt-deficit deal outlined Sunday night by President Obama. Obama announced the deal following a weekend of intense negotiations among congressional leaders of both parties — including Senate Majority Leader Harry Reid and Senate Republican Leader Mitch McConnell — to head off a potentially disastrous first-ever default by the federal government expected Tuesday. In exchange for allowing a vote to increase the federal debt limit to avoid...
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