The Debt Crises is Over, President Obama Signs Off

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The debt bill passes both Senate and House and the debt crises is over. President Obama has signed off on it, with no time to spare. The vote from the Senate was 74-26 with 60 votes needed to pass it. On Monday, the House vote was 269-161 to raise the debt ceiling. The country was [...]

Obama Announces Agreement on Debt Crises

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Tonight, President Obama announced that an agreement has been reached between both parties that will keep the country from defaulting on debt obligations. Neither democrats nor republicans got what they wanted out of the deal, but compromises were definitely made. According to one news source, the plan is to raise the debt ceiling while cutting [...]