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Obama, Congress Reach Debt Agreement

Posted By On Jul 31, 2011 America, News

Ending a perilous stalemate, President Barack Obama announced agreement to night with Republican congressional leaders on a compromise to avoid the nation’s first-ever financial default. The deal would cut more than $2 trillion from federal spending over a decade.
Default “would have had a devastating effect on our economy,” Obama said at the White House, relaying [...]

via Matzav.com – The Online Voice of Torah Jewry

This entry was posted on Sunday, July 31st, 2011 at 11:20 pm and is filed under America, News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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