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
December 16, 2025
Andrew Young, former Member of Congress from Atlanta, is appointed Ambassador to the United Nations by President Jimmy Carter in 1976.
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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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