'Important First Step' in Cutting Debt Taken as Obama Signs Bill Avoiding U.S. Budget Crisis

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August 2, 2011

Crisis Averted: Obama Calls Deal 'First Step' in Cutting Debt U.S. Averts First-Ever Default but Economic Impact Still Uncertain More > Blue Whales Spotted Off California Coast Pod of rare endangered blue whales is seen swimming near Long Beach. More > Norway Terror Suspect Demands Army Command, Japanese Shrinks The man suspected of murdering 77 people in Norway last month has made jailhouse demands so unusual and unrealistic his lawyer said it shows he "does not know how society works." ... [continue] Presidential Candidates Claim Ignorance About Foreign-Made Merchandise Republican presidential candidates are pitching plans to revive the economy, selling a message of jobs and growth. But when it comes to what they are buying, ABC News found that four of the candidates are selling merchandise made overseas. ... [continue] More From 'World News' > Debt Ceiling Deal: Enough Votes Giffords' Return Brings 'Electricity' to House Debt Ceiling Deal: Obama's Take Boehner, Pelosi Push Debt Deal Casey Anthony Fights Probation Order Warren Jeffs Denied Motion to Remove Judge Dow Dips: Economy Overshadows Debt Deal Toddler's Arthritis Almost Leads to Blindness Computer Giant Hires a Million Robots Picture Within a Picture: Blog Brings Memories Back

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