Senators: Trade $1 trillion in Medicare cuts for debt ceiling - CBS News

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Senators: Trade $1 trillion in Medicare cuts for debt ceiling CBS News Treasury Secretary Timothy Geithner's warning this week that the federal government will hit its borrowing limit (a.k.a. the "debt ceiling") on December 31 elicited something resembling a collective groan from policymakers and political reporters who ... GOP senators propose $1 trillion debt ceiling deal Politico (blog) Alexander, Corker c »