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US Businesses: Outlook Dire Without Debt Deal

Posted July 12th, 2011 at 1:55 pm (UTC-5)
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Some of America’s leading business organizations are pleading with the president and lawmakers to raise the country’s debt limit. A coalition of business groups sent a letter to President Barack Obama and lawmakers Tuesday, warning that any default would have a disastrous impact on the economy, and calling it “a risk our country must not […]

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US Businesses: Outlook Dire Without Debt Deal

Posted July 12th, 2011 at 12:50 pm (UTC-5)
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Some of America’s leading businesses organizations are pleading with the president and lawmakers to raise the country’s debt limit. A coalition of business groups sent a letter to President Barack Obama and lawmakers Tuesday, warning any default would have a disastrous impact on the economy, calling it “a risk our country must not take.” The […]

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More Talks Three Weeks Before US Hits Debt Limit

Posted July 12th, 2011 at 11:50 am (UTC-5)
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U.S. congressional leaders are scheduled to meet again with President Barack Obama Tuesday, with no signs of progress on a deal to reduce the deficit and raise the government’s borrowing limit. Tuesday’s talks come three weeks before the August 2 deadline, when the U.S. Treasury Department says the country will run up against the $14.3 […]

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More Talks Three Weeks Before US Hits Debt Limit

Posted July 12th, 2011 at 10:45 am (UTC-5)
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U.S. congressional leaders are scheduled to meet again with President Barack Obama Tuesday, with no signs of progress on a deal to reduce the deficit and raise the government’s borrowing limit. Tuesday’s talks come three weeks before the August 2 deadline, when the U.S. Treasury Department says the country will run up against the $14.3 […]

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More Talks Three Weeks Before US Hits Debt Limit

Posted July 12th, 2011 at 8:20 am (UTC-5)
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U.S. congressional leaders will meet again with President Barack Obama Tuesday, with no signs of progress on a deal to reduce the deficit and raise the government’s borrowing limit. Tuesday’s talks come three weeks before the August 2 deadline, when the U.S. Treasury Department says the country will run up against the $14.3 trillion debt […]

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Obama: Urgent Action Needed On Debt Deal

Posted July 11th, 2011 at 5:35 pm (UTC-5)
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President Barack Obama will meet again Tuesday at the White House with U.S. congressional leaders, after no breakthrough in their talks Monday for an elusive deal to raise the country’s debt ceiling. Before all sides gathered for their meeting on Monday, Mr. Obama said at a televised news conference that it is time to stop […]

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Obama: Urgent Action Needed On Debt Deal

Posted July 11th, 2011 at 2:15 pm (UTC-5)
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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. Before meeting with opposition Republicans Monday, Mr. Obama said there is “a lot of work to do” to […]

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Obama: Urgent Action Needed On Debt Deal

Posted July 11th, 2011 at 12:35 pm (UTC-5)
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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 […]

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Obama: Urgent Action Needed On Debt Deal

Posted July 11th, 2011 at 11:45 am (UTC-5)
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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 […]

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Obama, Congressional Leaders Meet for Debt Reduction Talks

Posted July 11th, 2011 at 9:25 am (UTC-5)
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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 […]

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