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Obama, Congressional Leaders Announce Deal on Debt Reduction

by Todd PAugust 1, 2011531

President Obama announces agreement Sunday night with GOP and Democratic leaders on a debt-reduction plan that could end a perilous stalemate and avoid a potential default on America’s loans. | VIDEO

Follow Debt Drama Play-by-Play: Source on the GOP Says No One on the Conference Call So Far Is Opposed

Debt-Cap Deal May Be Tough Sell in House | Democrats Preparing to Renew Push for Revenue Increases

House Republican to Obama: Stop Tweeting | Wall Street Looks for Debt-Issuance | Markets to Rally if Deal Reached

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