Archives for: July 2011, 31
It's a deal: Obama, Congress will avert default
By News on Jul 31, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=ILMOL&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- Ending a perilous stalemate, President Barack Obama and congressional leaders announced agreement Sunday night on an emergency deal to avoid to avert the nation's first-ever financial default. The arrangement would cut more than $2 trillion from federal spending over a decade....Boehner: Budget pact lives up to GOP principles
By News on Jul 31, 2011
Obama, Congress reach a debt deal
By News on Jul 31, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- Ending a perilous stalemate, President Barack Obama announced agreement Sunday 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....Congress closing in on debt deal as deadline nears
By News on Jul 31, 2011
Link: http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN?SITE=JRC&SECTION=HOME&TEMPLATE=DEFAULT
WASHINGTON (AP) -- Racing the clock to avoid a government default, President Barack Obama and Republican congressional leaders closed in Sunday night on a compromise to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts....Scores die as Syrian forces attack defiant cities
By News on Jul 31, 2011
Link: http://hosted.ap.org/dynamic/stories/M/ML_SYRIA?SITE=ILMOL&SECTION=HOME&TEMPLATE=DEFAULT
BEIRUT (AP) -- Syrian security forces backed by tanks and snipers launched a ferocious assault Sunday on defiant cities and towns, killing at least 70 people and possibly many more as the regime raced to crush dissent ahead of Ramadan. Corpses littered the streets after a surge in violence that drew widespread international condemnation....