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Browsing the "Debt deal" Tag

Massive Energy and Environment Fallout Expected from U.S. Debt Deal

August 4th, 2011 | by Silvio Marcacci

When President Obama signed into law a compromise plan to increase the $14.3 trillion U.S. debt ceiling this week, he authorized nearly $2.5 trillion in cuts over the next decade. This massive budget reduction means numerous government agencies and funding programs are the chopping block, but what will it mean for energy and environment funding? energyNOW! interviewed National Journal reporter Coral Davenport to discuss the new reality of environmental and energy-related cuts.



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