Debt Crisis Deepens Amid War of Words

Evening TimesJuly 27, 2011

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Summary


UNITED STATES: The financial crisis appeared to have deepened after President Barack Obama and House Speaker John Boehner attacked each other over the failure to avert a catastrophic financial default next week.

Positions seemed to harden after they engaged in an extraordinary joust over fiscal issues that have consumed Washington since a large block of first-term members of the House of Representatives, elected last year, returned the lower chamber to Republican control.

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Debt Crisis Deepens Amid War of Words

Mr Obama said th...

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