U.S. President Barack Obama says it is time to set aside politics and make a deal with both parties in Congress that will allow the United States to keep borrowing money, while cutting government deficits and debt. At a news conference Monday in Washington, Mr. Obama said he will meet with opposition Republicans and his […]
Obama: Debt Agreement Will Be Reached by Aug. 2
Posted July 11th, 2011 at 12:05 pm (UTC-5)
President Obama says he and congressional leaders will reach an agreement on the debt and deficit by the August 2 deadline. He says after the agreement is reached, the United States will be in the position to make the kind of investments necessary to put the economy back on the right track and win the […]
Obama Says Economy, Jobs Biggest Priorities
Posted July 11th, 2011 at 11:50 am (UTC-5)
US President Barack Obama says the biggest priority of his administration is putting the economy back on track and getting people back to work. The U.S. Labor Department reported Friday that the nation’s unemployment rate had increased to 9.2 percent. The report indicated that the number of new jobs being created was slowing. At the […]
Obama: Urgent Action Needed On Debt Deal
Posted July 11th, 2011 at 11:45 am (UTC-5)
U.S. President Barack Obama says it is time to set aside politics and make a deal with both parties in Congress that will allow the United States to keep borrowing money, while cutting government deficits and debt. At a news conference Monday in Washington, Mr. Obama said he will meet with opposition Republicans and his […]
Obama: Failure to Reach Compromise Could Trigger Recession
Posted July 11th, 2011 at 11:40 am (UTC-5)
President Obama says congressional leaders from both political parties will have to compromise in order to reach agreement on the debt and deficit. Mr. Obama says he is prepared to take on significant criticism from his Democratic Party to reach an agreement. But he says he does not see a path to a deal if […]
Obama: Daily Meetings Until Debt-Deficit Agreement
Posted July 11th, 2011 at 11:25 am (UTC-5)
President Barack Obama says meetings with Congress will happen “every single day” until an agreement is reached on the debt and deficit. At a White House news conference Monday, the president said congressional leaders agree that it is not acceptable to allow the United States to default on its debt by not raising the debt […]
Obama, Congressional Leaders Meet for Debt Reduction Talks
Posted July 11th, 2011 at 9:25 am (UTC-5)
U.S. President Barack Obama and opposition Republicans are scheduled to resume tense negotiations Monday over proposed budget cuts and tax increases intended to cope with trillions of dollars in debt. They face a fast-approaching August 2 deadline to reach an agreement or face an unprecedented default on U.S. debt. An unusual Sunday negotiating session between […]
Space Shuttle, ISS Begin Equipment Transfer
Posted July 11th, 2011 at 7:25 am (UTC-5)
The crews aboard the U.S. space shuttle Atlantis and the International Space Station Monday attached the 12.5-ton Raffaello multi-purpose module to the space station. The module is packed with more than 4 tons of spare parts, equipment, food and other supplies that will sustain space station operations through 2012. Meanwhile, the U.S. space agency NASA […]
Space Shuttle, ISS Begin Equipment Transfer
Posted July 11th, 2011 at 6:55 am (UTC-5)
The crews aboard the U.S. space shuttle Atlantis and the International Space Station Monday attached the 12.5-ton Raffaello multi-purpose module to the space station. The module is packed with more than 8,000 pounds of spare parts, equipment, food and other supplies that will sustain space station operations through 2012. Meanwhile, the U.S. space agency NASA […]
Space Shuttle, ISS Begin Equipment Transfer
Posted July 11th, 2011 at 6:15 am (UTC-5)
The crews aboard the U.S. space shuttle Atlantis and the International Space Station are in the process of transferring the 12.5-ton Raffaello multi-purpose module from the shuttle cargo bay to the space station. The module is packed with more than 8,000 pounds of spare parts, equipment, food and other supplies that will sustain space station […]
