President Obama reacts after the Senate passed the emergency deficit reduction legislation, raising the debt ceiling just hours before the nation would have defaulted on its financial obligations.
Source: The White House
The United Negro College Fund (UNCF) was incorporated on this date in 1927 with 27 member colleges.
POSTED: August 02, 2011, 12:00 am
President Obama reacts after the Senate passed the emergency deficit reduction legislation, raising the debt ceiling just hours before the nation would have defaulted on its financial obligations.
Source: The White House
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