President Obama reacts after the Senate passed the emergency deficit reduction legislation, raising the debt ceiling just hours before the nation would have defaulted on its financial obligations.
Source: The White House
The National Urban League was founded on this date in 1911 in New York City upon the merger of three social service organizations.
POSTED: August 02, 2011, 12:00 am
President Obama reacts after the Senate passed the emergency deficit reduction legislation, raising the debt ceiling just hours before the nation would have defaulted on its financial obligations.
Source: The White House
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