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US Lawmakers in Last Minute Talks to Avert Debt Default

Posted July 31st, 2011 at 5:35 am (UTC-5)
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The White House and top U.S. lawmakers are engaged in last minute talks to hammer out an agreement to ensure the government has enough money to meet its expenses. Congress must approve an increase in the government’s borrowing authority if the U.S. Treasury Department is to be able to pay the nation’s bills. Past increases […]

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US Lawmakers Continue Debt Ceiling Negotiations

Posted July 31st, 2011 at 12:35 am (UTC-5)
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U.S. lawmakers are continuing their political wrangling behind closed doors to reach an agreement on a debt limit proposal. The U.S. Senate vote on the debt ceiling, originally slated to take place early Sunday morning, has been pushed back to Sunday afternoon. Senate Majority leader Harry Reid said late Saturday the White House had asked […]

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US Senate Pushes Back Debt Vote Until Sunday Afternoon

Posted July 30th, 2011 at 10:40 pm (UTC-5)
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The U.S. Senate has delayed the vote on a debt limit proposal until noon Sunday, giving the lawmakers time for further negotiations on an agreement. The Senate has been scheduled to vote on the plan early Sunday. Senate Majority leader Harry Reid said late Saturday, negotiations at resolving the issue are under way at the […]

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Top Democratic Senator: No Progress on US Debt Deal

Posted July 30th, 2011 at 6:55 pm (UTC-5)
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U.S. Senate Majority Leader Harry Reid says Washington is no closer to a deal that would raise the country’s borrowing limit and avoid a potentially catastrophic debt default. Reid accused Republican leaders of refusing to negotiate in good faith. He made his remarks on the Senate floor late Saturday, shortly after the top two Republicans […]

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Senior Republicans Optimistic About US Debt Deal

Posted July 30th, 2011 at 5:15 pm (UTC-5)
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The top two Republicans in the U.S. Congress, Senate Minority Leader Mitch McConnell and House Speaker John Boehner, have voiced optimism that Washington will reach a deal and avoid a potentially catastrophic debt default. In a press conference Saturday, Boehner urged President Barack Obama to reach agreement with Republican leaders in Congress, saying if he […]

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US Lawmakers Deadlocked on Raising Country’s Borrowing Limit

Posted July 30th, 2011 at 4:25 pm (UTC-5)
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U.S. political leaders remained deadlocked Saturday on how best to raise the country’s borrowing limit and cut government spending, three days ahead of a looming national debt default. Rival Republican and Democratic plans to raise the country’s $14.3 trillion debt limit and rein in the nation’s deficit-laden annual budgets call for many of the same […]

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US Lawmakers Deadlocked on Raising Country’s Borrowing Limit

Posted July 30th, 2011 at 4:00 pm (UTC-5)
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U.S. political leaders remained deadlocked Saturday over how best to raise the country’s borrowing limit and cut government spending, three days ahead of a looming national debt default. Rival Republican and Democratic plans to raise the country’s debt limit of $14.3 trillion and rein in the nation’s deficit-laden annual budgets call for many of the […]

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US Leaders Remain Deadlocked on Raising Country’s Borrowing Limit

Posted July 30th, 2011 at 3:25 pm (UTC-5)
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U.S. political leaders remained deadlocked Saturday over how best to raise the country’s borrowing limit and cut government spending, three days ahead of a looming national debt default. Rival Republican and Democratic plans to raise the country’s debt limit of $14.3 trillion and rein in the nation’s deficit-laden annual budgets call for many of the […]

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US Leaders Remain Deadlocked on Raising Country’s Borrowing Limit

Posted July 30th, 2011 at 2:40 pm (UTC-5)
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U.S. political leaders remained deadlocked Saturday over how best to raise the country’s borrowing limit and cut government spending, three days ahead of a looming national debt default. Rival Republican and Democratic plans to raise the country’s debt limit of $14.3 trillion and rein in the nation’s deficit-laden annual budgets call for many of the […]

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US Leaders Remain Deadlocked on Raising Country’s Borrowing Limit

Posted July 30th, 2011 at 12:10 pm (UTC-5)
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U.S. political leaders remained deadlocked Saturday over how best to raise the country’s borrowing limit and cut government spending, three days ahead of a looming national debt default. Rival Republican and Democratic plans to raise the country’s debt limit of $14.3 trillion and rein in the nation’s deficit-laden annual budgets call for many of the […]

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