110th United States Congress
Details on the Greek Bailout
How much will it cost Europe to keep Greece out of bankruptcy? $172 billion, that’s how much. EU finance members gave approval to a second bailout package in Brussels overnight but Athens has to accept deep spending cuts and permanent monitoring. The chairman of the Euro group says the deal would secure Greece’s future in the […]
Top of the Hour: Greek Bailout, Morning Headlines
Euro zone finance ministers meeting in Brussels appear ready to approve a second bailout package for Greece. Nearly $172 billion will be funneled to the country in exchange for more austerity measures, like a 22 percent cut in the minimum wage. Greek leaders approved the deal last week in a last-ditch effort to avoid bankruptcy.
Top of the Hour: The Debt Deal and Congressional Support, Morning Headlines
A deal was finally made between the White House and congressional leaders on the debt crisis. But will the deal get bipartisan support on Capital Hill? Speaker Boehner and Minority Leader Nancy Pelosi are both rallying his weary caucuses to support to plan.