Television design is the process of creating It is also the art of organizing or arranging certain elements that are related to design to communicate an idea. These elements have to be in conformity with the design principles, and they include lines, forms, colours, textures, tones, space that create images as symbols, illustrations, pictures, etc.
Federal law requires Congress to authorize the government to borrow any money that is needed to pay for the programs that Congress has passed. As the national debt has grown, the Treasury has periodically bumped against this debt limit or debt ceiling.
Votes to raise it are among the least popular things Congress does, but the limit has been raised dozens of time, generally with little fanfare. But in 2011, the debt ceiling became the central battleground for conflict between the Republicans who took control of the House in the 2010 elections, and President Obama and the Democrats who still control the Senate.
In May, the Treasury Department said that the debt limit of $14.29 trillion had been reached, but said it could keep the government functioning normally by "extraordinary measures'' that would run their course by Aug. 2.
By the end of July, increasingly bitter talks still continued, as an event that had once seemed unthinkable — a default by the federal government — loomed only days away.
Late on the night of July 31, President Obama and Congressional leaders of both parties announced an agreement that would raise the debt ceiling by up to $2.4 trillion in two stages, enough to keep borrowing into 2013. The pact called for at least $2.4 trillion in spending cuts over 10 years, with $900 billion in across the board cuts to be enacted immediately.
Brian Ofsie
Brian Ofsie
Brian Ofsie
Brian Ofsie
Brian Ofsie
A bipartisan Congressional commission would be given the task of coming up with the second round of deficit reduction. To put pressure on, a "trigger'' was adopted that meant a failure by Congress to enact those cuts would lead to across-the-board cuts in military spending, education, transportation and Medicare payments to health care providers.
Large portions of both parties were unhappy with the plan — Democrats opposed it because it cuts spending deeply without raising revenues, while many in the Tea Party wing of the House Republican caucus were against any increase in the debt limit. Many economists complained that cutting spending in a time of economic weakness would slow down any recovery.
Nevertheless, the House approved the agreement on Aug. 1, by a 269 to 161 vote that was stronger than expected. The Senate passed the measure the following day, hours before the deadline set by the Treasury. It was signed shortly thereafter by Mr. Obama, who called the near-brush with default "unnecessary.''
The agreement means there will not be another fight over the debt limit until 2013. But despite Mr. Obama's call to set the matter apart from partisan budget fights, Senator Mitch McConnell of Kentucky, the Republican leader, saw things differently.
as been raised dozens of time, generally with little fanfare. But in 2011, the debt ceiling became the central battleground for conflict between the Republicans who took control of the House in the 2010 elections, and President Obama and the Democrats who still control the Senate.
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In May, the Treasury Department said that the debt limit of $14.29 trillion had been reached, but said it could keep the government functioning normally by "extraordinary measures'' that would run their course by Aug. 2.
By the end of July, increasingly bitter talks still continued, as an event that had once seemed unthinkable — a default by the federal government — loomed only days away.
Late on the night of July 31, President Obama and Congressional leaders of both parties announced an agreement that would raise the debt ceiling by up to $2.4 trillion in two stages, enough to keep borrowing into 2013. The pact called for at least $2.4 trillion in spending cuts over 10 years, with $900 billion in across the board cuts to be enacted immediately.
A bipartisan Congressional commission would be given the task of coming up with the second round of deficit reduction. To put pressure on, a "trigger'' was adopted that meant a failure by Congress to enact those cuts would lead to across-the-board cuts in military spending, education, transportation and Medicare payments to health care providers.
Large portions of both parties were unhappy with the plan — Democrats opposed it because it cuts spending deeply without raising revenues, while many in the Tea Party wing of the House Republican caucus were against any increase in the debt limit. Many economists complained that cutting spending in a time of economic weakness would slow down any recovery.
Nevertheless, the House approved the agreement on Aug. 1, by a 269 to 161 vote that was stronger than expected. The Senate passed the measure the following day, hours before the deadline set by the Treasury. It was signed shortly thereafter by Mr. Obama, who called the near-brush with default "unnecessary.''
The agreement means there will not be another fight over the debt limit until 2013. But despite Mr. Obama's call to set the matter apart from partisan budget fights, Senator Mitch McConnell of Kentucky, the Republican leader, saw things differently.