| Share | Tweet |
Obama announces US deficit deal
by admin
31 July 2011 Last updated at 20:59 ET
US President Barack Obama says Republican and Democratic leaders have reached an agreement on raising the US debt limit and avoiding default.
He said the deal would cut $1tn of spending over 10 years, and set up a committee to report by November on a proposal to reduce the deficit.
Congress still has to approve the deal, and no votes are expected until Monday at the earliest.
The parties face a Tuesday deadline to raise the $14.3tn debt limit.
— ’re ’s , . : – .
BERITA LAINNYA:
