Sunday, July 31, 2011

US debt deal 2011 August 1

US debt deal 2011 August 1
 
  • President Obama, Senate Democratic leader Harry Reid and Senate Republican leader Mitch McConnell said the agreement would lift the cloud of possible default that has hovered over global financial markets.
  • The deal would authorise an increase in the debt limit by at least $US2.1 trillion.

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