Dow Now Off Over 100, As CBO Score Raises The Odds Of A Deal Collapse

The latest news on the debt front: The CBO says the “deal” will only cut $2.1 trillion from future spending, which is right in line with $2.1 trillion in debt ceiling hikes, which means it doesn’t cut more over a 10-year period than the amount hiked…

So anyway, that doesn’t help Boehner make the sale, and now the Dow is off over 100.

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