Politics & Government

August 1, 2011 7:44 PM

House, grumbling, passes debt deal; Senate is next

After many weeks of high-stakes drama that put the nation's economy at risk while Americans and the rest of the world watched in dismay, a reluctant House of Representatives on Monday passed a deal by 269-161 that would raise the debt ceiling immediately and reduce federal budget deficits by trillions of dollars over the next decade.

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