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National News / Washington7/31/2011 21:13It's a deal: Obama, Congress will avert default
Ending a perilous stalemate, President Barack Obama and congressional leaders announced historic agreement Sunday night on emergency legislation to avert the nation's first-ever financial default.2
National News / Washington7/12/2011 16:10Give Obama new debt limit power, GOP leader says
With compromise talks at a vituperative standstill, Senate Republicans unexpectedly offered Tuesday to hand President Barack Obama new powers to avert the first-ever government default threatened for Aug. 2.
