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US House of Representatives Approves Debt Ceiling Plan

Posted July 29th, 2011 at 6:50 pm (UTC-5)
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The U.S. House of Representatives, ignoring Senate opposition, has approved a revised plan to cut spending and raise the country’s $14.3 trillion borrowing limit, in an effort to avoid a default next week. House lawmakers voted 218 to 210 Friday on the plan, which calls for raising the U.S. borrowing limit in exchange for more […]

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US House of Representatives Voting on Debt Ceiling Plan

Posted July 29th, 2011 at 6:15 pm (UTC-5)
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The U.S. House of Representatives is voting on a Republican-led plan to cut spending and raise the country’s $14.3 trillion borrowing limit, in an effort to avoid a default next week. The plan was put forth by House Speaker John Boehner, who put off a Thursday vote on the measure because he had too few […]

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US Congress Works to Avoid Default

Posted July 29th, 2011 at 5:35 pm (UTC-5)
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The U.S. Congress pushed ahead with competing proposals Friday in an effort to enable the U.S. government to pay all of its bills and avoid a default next week. Senate Majority Leader Harry Reid, a Democrat, has put forth a plan to cut government spending by $2.5 trillion, while raising the legal limit on borrowing […]

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U.S., North Korean Diplomats Finish Talks

Posted July 29th, 2011 at 4:05 pm (UTC-5)
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Diplomats from the United States and North Korea have completed their first senior-level direct talks in 18 months. Both the heads of the North Korean and U.S. delegations said after the talks ended early Friday afternoon in New York the discussions were constructive and business-like. North Korean Vice Foreign Minister Kim Kye Gwan, speaking briefly […]

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U.S., North Korean Diplomats Finish Talks

Posted July 29th, 2011 at 2:05 pm (UTC-5)
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Diplomats from the United States and North Korea have completed their first senior-level direct talks in 18 months. Vice Foreign Minister Kim Kye Gwan, the head of the North Korean delegation, called the talks in New York constructive and business-like, and indicated the two sides would maintain contact. He spoke briefly as the North Korean […]

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U.S., North Korean Diplomats Hold Second Day of Talks

Posted July 29th, 2011 at 12:40 pm (UTC-5)
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U.S. and North Korean diplomats are holding a working luncheon during their second day of talks in New York Friday. The two delegations spent the morning talking at the U.S. mission to the United Nations. After the first session Thursday, Vice Foreign Minister Kim Kye Gwan, the head of the North Korean delegation, called the […]

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Obama Urges Action On Debt Issue

Posted July 29th, 2011 at 11:50 am (UTC-5)
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U.S. President Barack Obama says it is increasingly urgent that Democrats and Republicans in Congress reach agreement on a measure to increase the legal limit on government borrowing and cut spending. Mr. Obama says the two sides are in rough agreement on how much spending to cut, and on a process to reform taxes and […]

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Obama Urges Action On Debt Issue

Posted July 29th, 2011 at 11:00 am (UTC-5)
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U.S. President Barack Obama says it is increasingly urgent that Democrats and Republicans in Congress reach agreement on a measure to increase the legal limit on government borrowing and cut spending. Mr. Obama says the two sides are in rough agreement on how much spending to cut, and on a process to reform taxes and […]

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U.S., North Korean Diplomats Arrive for Second Day of Talks

Posted July 29th, 2011 at 10:20 am (UTC-5)
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U.S. and North Korean diplomats have arrived to start a second day of talks in New York Friday. Neither delegation spoke to journalists as they entered the U.S. mission to the United Nations. After the first session Thursday, Vice Foreign Minister Kim Kye Gwan, the head of the North Korean delegation, called the atmosphere good. […]

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US Senate to Vote on Democrat Debt/Deficit Plan

Posted July 29th, 2011 at 9:55 am (UTC-5)
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Senate Democratic Leader Harry Reid says he will call for a vote Friday on his plan to cut government spending by $2.4 trillion while raising the legal limit on borrowing enough to fund the government through the end of 2012. President Obama is scheduled to make remarks on the issue within the hour. U.S. stock […]

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