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Obama signs US debt limit legislation

President Barack Obama has signed the debt limit legislation which allows the US to avoid a default by Tuesday midnight, after stressing the need for compromise in the next phase of wrangling over spending cuts.

Source: Financial Times

http://www.ft.com/intl/cms/s/0/21947e50-bc5f-11e0-acb6-00144feabdc0.html

4 2011 | View: 620 | News / Theme of day | Printint version
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