Written by The White House, Washington DC Friday, 05 August 2011 12:44
After a long and heated debate, President Obama has signed into law a compromise that will reduce the deficit and avert a default on our obligations that would have devastated our economy.
To help explain this compromise, we’ve put together an infographic that explains what’s in it and what will happen in the coming months:
On Tuesday, President Obama spoke about the compromise and urged Congress to immediately take steps to create new jobs, raise wages, and spur economic growth.
The White House • 1600 Pennsylvania Ave NW • Washington, DC 20500 • 202-456-1111
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