why the deficit and budget deal is a big thing

While we appear to have dodged the bullet (provided the next set of votes go through, that is), I thought it was still of importance to understand why this whole thing has been so important and why it has taken up an extraordinary amount of media attention (while at the same time, barely being properly explained). So here’s a pretty good overview from Senator Coons:

[Audio: English; Captions: English]

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