It's a deal: Obama, Congress will avert default
By News on Jul 31, 2011
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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....| « McCain says he'll 'swallow hard' and support deal | Boehner: Budget pact lives up to GOP principles » |

