The Week in Review

Week in Review: Debt Ceiling Discussions, Cars Broken Into, and Mysterious Helicopters

A look back at this week's biggest stories.

Folks reacted to the agreement among top officials earlier this week to cut $917 billion over 10 years in federal spending in an effort to raise the national debt ceiling. Regardless of which side of the debate people find themselves on — some favoring tax increases for top earners, while other favor cuts to what they see as nonessential government programs — the one common thread among everyone we talked to was a healthy dose of frustration. Click here to see what your neighbors had to say. Patch also caught up with some town officials to see how a reassessment of the national credit rating would impact the AAA credit rating of both the town and the Concord Carlisle Regional School District. Neither Town Manager Christopher Whelan nor …

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Life Goes On Amid Debt Ceiling Debate

Locals react to debt ceiling agreement.

President Barack Obama and Republican Senate Minority Leader Mitch McConnell reached an agreement Sunday that would prevent the federal government from exceeding its debt limit of $14.29 trillion. The deadline for raising the debt ceiling prior to reaching the limit is set for Tuesday, Aug. 2. Congress must still approve the deal before then. According to the agreement announced Monday, an estimated $917 billion in spending cuts will be made within 10 years, resulting in a $900 billion increase to the debt ceiling. A special joint congressional committee, which is set to report back to Obama by the end of November, will convene and recommend another $1.5 trillion in defecit reductions. If that measure is approved by Congress by the year's …

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