How the parties fared in the debt-ceiling deal

Below are some details of the compromise plan to raise the debt ceiling announced by President Obama and congressional leaders.

Democrats

Republicans

Debt-ceiling increases

Debt Ceiling

Allows the debt ceiling to rise by as much as $2.4 trillion, giving the government borrowing power into 2013. Includes about $400 billion immediately, and the rest subject to a congressional vote of disapproval in coming months. The future increases would be assured unless they were rejected by two-thirds of Congress.

GOT Debt-limit increase large enough to provide the government borrowing power to pay bills through 2012.

GAVE Initial request by Obama to raise the debt ceiling without conditions was quickly set aside.

GOT Debt-ceiling increase will be matched dollar for dollar in deficit reduction, through recommendations of a new congressional fiscal committee or through automatic spending cuts if recommendations are not adopted.

GAVE In recent days, pushed for only a short-term increase in the debt ceiling, to keep the issue for future leverage.

Spending cuts

Discretionary

About $1 trillion in savings over 10 years from discretionary caps. Does not assume savings from winding down the wars in Iraq and Afghanistan.

GOT No immediate cuts to Medicare, Medicaid or Social Security benefits.

GOT $1 trillion in cuts to discretionary spending over the next 10 years.

GAVE Cuts are less than they wanted.

GAVE Includes no entitlement reform.

Tax increases

None in the immediate deal.

GAVE No tax increases for upper-income earners to balance cuts.

GOT No tax increases.

Special committee to identify additional savings

Special committee

Joint bipartisan committee of 12 lawmakers to report deficit-reduction legislation by Thanksgiving, making recommendations to meaningfully improve short- and long-term fiscal imbalance.

Goal: Cut deficit to match dollar for dollar future increases in the debt ceiling, with a goal of $1.5 trillion to match future debt-ceiling increases.

GOT The committee can consider tax reform.

GAVE The committee can consider entitlement changes.

GAVE The committee can consider tax reform.

GOT The committee can consider entitlement changes.

Enforcement mechanisms

Enforcement

If the congressional committee fails to result in approval of at least $1.2 trillion in deficit reduction, automatic across-the-board cuts of $1.2 trillion would be enacted in agency budgets, split half and half between domestic programs and defense. Programs for the poor, including Medicaid and Social Security, would be exempted. But Medicare payments to providers could be hit.

GOT Programs for the poor, including Medicaid and Social Security, would be shielded from the automatic spending cuts to follow.

GOT Half of the automatic spending cuts to follow would come from defense.

GAVE Consequences include spending cuts but no tax increases.

GAVE Medicare provider payments are not shielded from the automatic spending cuts to follow.

GOT Half of the automatic spending cuts to follow would come from domestic programs.

GAVE Half of the automatic spending cuts to follow would come from defense.

Balanced-budget amendment

Balanced-budget amendment

A vote would be held on a balanced-budget amendment to the constitution, but the deal would not require that the amendment receive the two-thirds vote necessary to send the amendment to the states for ratification.

GOT Future debt ceiling hikes are not tied to Congressional passage of the amendment, which many oppose.

GAVE Does not require passage of the amendment, which many conservatives sought.

GRAPHIC: Rosalind S. Helderman and Laura Stanton - The Washington Post. Published Aug. 1, 2011.

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