The Washington Times

Topic - White House Office Of Budget And Management

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  • President Obama makes an opening statement on the ongoing budget negotiations before a press conference at the White House on July 15, 2011. (Associated Press)

    Economic outlook grim if no debt deal reached

    Horror stories are flying about the damage that might be wreaked should Congress and President Obama fail to cut a deal by the Aug. 2 deadline to increase America's borrowing limit. Nearly every American is in harm's way, either directly or indirectly.

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