Top Newspapers Warn Debt Deal’s Spending Cuts Will ‘Weaken’ and ‘Undermine’ Economy

Remarkable uniformity amongst some major national newspapers on Tuesday as they simultaneously worried about how the supposed spending “cuts” in the debt-ceiling deal will harm the economy.

As USA Today put it the top of the “cover story” for the “Money” section: “Spending cuts could further weaken economy.”

Echoing that theme, from the Washington Post’s front page: “Deal risks undermining fragile growth

On page 2 of the August 2 Wall Street Journal:Deal Seen as Mild Drag on Economy

And, from a Los Angeles Times front page plug for an interior article: “Deal offers little to boost economy”

Inside, that story carried this headline (at least online): “Debt ceiling deal casts a bleak light on the future

Online, USA Today changed the print edition’s “Spending cuts could further weaken economy,” to : “Spending cuts could face headwinds this year: a weak economy.”

Economy National Debt USA Today Wall Street Journal Washington Post
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