• President, Congress reach debt deal; vote expected today

    Late Sunday night, President Barack Obama announced a deal with Congressional leaders on a debt deal to avert a default on U.S. debt payments
    Aug. 1, 2011

    Late Sunday night, President Barack Obama announced a deal with Congressional leaders on a debt deal to avert a default on U.S. debt payments. Congress is expected to vote on the deal, which includes spending cuts in exchange for raising the debt limit, sometime today.

    For the full story, visit IndustryWeek.com.

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