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
today in black history
April 21, 2025
The National Urban League was founded on this date in 1911 in New York City upon the merger of three social service organizations.
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Obama Signs Deficit Plan
Passed with just hours before default
POSTED: August 02, 2011, 12:00 am
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