1. Tentative Deal on Debt Crisis
With the August 2nd deadline looming over the heads of all the congressional leaders, President Obama announced a tentative compromise that will at least stave off the bankruptcy that America was ... to eliminate tax subsidies for corporations and raise tax rates for Americans who earn more than $200,000 a year. For the meantime, he plans on holding back on those highly controversial amendments and pushing for the future committee to address those changes (Jackson). Even House Speaker John Boehner, R-Ohio, who addressed America in ... to other House Republicans who were initially wary of the ...
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