Tuesday, August 9th, 2011
Comments by President Obama and House Republican leaders show no sign of agreement on how best to cut the federal deficit
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Tuesday, August 9th, 2011
President Barack Obama and House Republican leaders showed no sign of backing off their stances on how to cut the federal deficit as U.S. stocks sank the most since December 2008 on concern the economy will keep slowing.
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Tuesday, August 2nd, 2011
Bill Gross, who runs the world’s biggest bond mutual fund at Pacific Investment Management Co., said the debt ceiling compromise reached by Congress won’t make a “significant dent” in U.S. deficits.
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Friday, July 22nd, 2011
President Barack Obama and House Speaker John Boehner, each facing strife within his own ranks and dwindling time to avert a U.S. default, pressed for a broad agreement to boost the debt limit while cutting spending by trillions of dollars and overhauling the tax code.
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Wednesday, July 20th, 2011
Asian stocks rose, with the regional benchmark index set to close at its highest level in a week, on optimism U.S. lawmakers will reach an agreement to cut the budget deficit and after Apple Inc.’s profit topped estimates, boosting the earnings outlook for exporters.
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