Washington strikes deal on debt ceiling

Posted by admin | Posted in Politics | Posted on 31-07-2011-05-2008

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July 31: President Obama announces that Democrats and Republicans leaders have reached an agreement to reduce the U.S. deficit and avoid default. Watch his entire remarks.  (Other)Ending a perilous stalemate, President Obama and congressional leaders announced an agreement Sunday night on emergency legislation to avert the nation’s first-ever financial default.

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