Posts Tagged ‘ Debt relief ’

Despite debt deal, clouds hang over Obama re-election

August 3, 2011
Arshad Mahmud
Despite debt deal, clouds hang over Obama re-election

As you have come to know by now that the United States Congress voted to raise the federal debt limit just hours before the deadline was to expire on Aug 2. Failure to do so would have led to the US treasury running short of cash to pay the nation’s bills.
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