The Associated Press: Questions and answers about the debt-deficit deal
Q. Will this solve the nation's deficit and debt problems?
A. Not by a long shot. The deal calls for the savings of more than $2 trillion over the next decade. But with the government currently racking up deficits — the difference between spending and revenues every year — of more than $1 trillion a year, the prospects for achieving a balanced budget in the near future are dim.