Wednesday, August 3, 2011

Obama has signed the debt ceiling bill

President of United States of America, Barrack Obama



The hard debate is still going on in United States concerning their national debt. Many people inside and outside United States have been concerned about this. The citizens have been listening to the debate which is going on hoping that it will bring a good solution.

President Obama urges Congress to get behind proposed legislation agreed with Republican and Democratic Congressional leaders.

The agreement has been reached between the President of United States, Barrack Obama with Republican  and the Democratic congressional leaders. This agreement aimed to end the US debt deadlock that threatened to throw the  US and world economy into chaos.

However , President Barrack Obama warned:” we are not done yet”.

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