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Obama Announces Deal Reached to End Debt Crisis

Sunday, 31 July 2011 08:55 PM EDT

WASHINGTON (Reuters) - President Barack Obama announced on Monday that Democrats and Republicans leaders have reached an agreement to reduce the U.S. deficit and avoid default.

Obama said the agreement will cut about $1 trillion over 10 years. (Reporting by JoAnne Allen)

© 2026 Thomson/Reuters. All rights reserved.


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WASHINGTON (Reuters) - President Barack Obama announced on Monday that Democrats and Republicans leaders have reached an agreement to reduce the U.S. deficit and avoid default. Obama said the agreement will cut about $1 trillionover 10 years. (Reporting by JoAnne...
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2011-55-31
Sunday, 31 July 2011 08:55 PM
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