President Obama has signed legislation to increase the U.S. debt ceiling in time to avoid a national default. The $2.1 trillion deficit-reduction plan cleared its final hurdle in the Senate yesterday, passing with a 74-to-26 vote. Six Democrats and 19 Republicans opposed the measure. Members of the Progressive Caucus and the Congressional Black Caucus rejected the deal because of its massive cuts to domestic spending and a lack of tax increases for the wealthy. Democratic Rep. Donna Edwards of Maryland was among those to vote no, summing up her disappointment on Twitter by writing: "Nada from million/billionaires; corp tax loopholes aplenty; only sacrifice from the poor/middle class? Shared sacrifice, balance? Really?" We speak with Rep. Edwards about why she voted against the plan. [includes rush transcript]moreless
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