Eleventh-Hour Debt Deal Reached

A deal to raise the U.S. debt ceiling and avoid government default was announced by President Barack Obama Sunday night.
Eleventh-Hour Debt Deal Reached
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/120186753.jpg" alt="US President Barack Obama makes a statement at the White House in Washington, DC, on July 31, 2011. The President announced late Sunday that he and top lawmakers had reached an 11th-hour deal to avert a disastrous debt default that would have sown chaos in the world economy. (Jewel Samad/AFP/Getty Images)" title="US President Barack Obama makes a statement at the White House in Washington, DC, on July 31, 2011. The President announced late Sunday that he and top lawmakers had reached an 11th-hour deal to avert a disastrous debt default that would have sown chaos in the world economy. (Jewel Samad/AFP/Getty Images)" width="575" class="size-medium wp-image-1800013"/></a>
US President Barack Obama makes a statement at the White House in Washington, DC, on July 31, 2011. The President announced late Sunday that he and top lawmakers had reached an 11th-hour deal to avert a disastrous debt default that would have sown chaos in the world economy. (Jewel Samad/AFP/Getty Images)
Clement Yang
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