Congressional leaders reach a debt deal to avoid painful sequestration cuts

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Collins, King Call on President and Congress to Reach Agreement to Avert Sequestration, Reduce Debt WASHINGTON, D.C . — In a letter sent to President Barack Obama yesterday, Senators Susan Collins and Angus King call on the President to convene a meeting with Congressional leaders that must conclude with an agreement to avert sequestration and.

With mandatory defense cuts looming next year and new war costs mounting, Congress will almost certainly reach for. which military leaders say are necessary to keep the services ready to protect.

Deutsche Sees 48% of All US Mortgages Underwater in 2011 Business Loan/Lease Indemnification.. The federal home loan Bank reports that over it’s many years it has determined the major cause of mortgage loan foreclosures is disablement of the mortgagee; 48% vs.. 3% due to death.