Congressional Leaders in Agreement for Debt Ceiling vote - Congress to vote within next 48 hours
Monday, August 1, 2011
In the video below, President Obama announces that the leaders in both the House and the Senate have come to an agreement for raising the debt ceiling. President Obama claims that he is not in full agreement to the legislation that now must be voted through both House and Senate before reaching the President's desk for signing to become law. If no agreement is passed by Tuesday, President Obama can then create emergency legislation to raise the debt ceiling, but most likely he will not have to create emergency legislation before the deadline.
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