Tag Archives: Debt Ceiling

Important Debt Ceiling Update

Posted on 01. Aug, 2011 by .

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Source: NIA. President Obama just announced late this evening that a deal has been reached to cut government spending and raise the debt ceiling in order to avoid a debt default. If the deal is approved on Monday, it will raise the debt ceiling by between $2.1 and $2.4 trillion in three installments: $400 billion [...]

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