Debt Ceiling Deal Reached To Avert Default (LATEST UPDATES)

 Here's the framework.

Medicare IS on the table.

No increases in revenue - Whether it's been on the table or not, it SHOULD be on the table.  

As far as a Balanced Budget Amendment, it's the same as House-pass­ed bill, framework requires both House & Senate to vote on a BBA 
after Oct. 1, 2011 but before the end of year. 
‣Similar to House-pass­ed bill, framework authorizes POTUS to request second tranche of 
debt limit increase of $1.5T if: 
‣Joint Committee cuts spending by greater amount than the requested debt limit hike, 
OR 
‣A Balanced Budget Amendment is sent to the states. 
‣Creates incentive for previous opponents of a BBA to now support it. 

Of course it's a victory for Republican­s. 
About Deficit
Read the Article at HuffingtonPost