Debt Deal
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Debt supercommittee agreement still far off as members assign blame
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Despite small steps in recent weeks toward addressing core solutions to the nation's intractable deficit problem, both sides of the debate say further progress had come to a halt.
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U.S. debt downgraded by rating agency S&P
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The agency said the wrangling over the debt ceiling raised doubts that Congress and the White House could come up with a long-term plan to reduce the deficit.
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Debt deal: After debt agreement, what's next?
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Now that the debt deal is signed and the nation's bills can be paid, Congressional leaders are fighting over what to do next.
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Debt deal: President Barack Obama signs debt bill
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The senate has passed the debt package Tuesday, ending a contentious debate that has transfixed the nation.
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Debt deal: House votes to raise debt limit, cut spending
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Rep. Gabrielle Giffords was among the 269 House members voting for a bill to keep the government from defaulting on its debts and cut spending.
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Deficit-reduction agreement picks up momentum in Senate
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The deficit-reduction agreement struck by the White House and congressional leaders picked up momentum in the Senate Monday, as a member of the Republican leadership predicted at least 30 GOP votes.
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Locals react to nation's debt deal (video)
CommentNews of the debt deal comes as a relief to people in the Washington region, from federal employees and contractors to seniors worried about social security checks. ABC7’s Phillip Stewart has more on how people are reacting in our region.
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