Mfarhanonline:Obama unfurls 11th-hour deal to avert US default

Mfarhanonline Business News WASHINGTON: US President Barack Obama announced Sunday that he and top lawmakers had reached an 11th-hour deal to avert a first-ever US debt payment default that would have sown chaos across the world economy.

“I want to announce that the leaders of both parties in both chambers have reached an agreement that will reduce the deficit and avoi

Share and Enjoy:

http://www.mfarhanonline.com/2011080129574/obama-unfurls-11th-hour-deal-to-avert-us-default/