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Hitting The Ceiling:Budget Control Act of 2011

Pinned on November 4, 2013 at 1:53 am by Admin

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Hitting The Ceiling:Budget Control Act of 2011

The debt ceiling became a major point of conflict in 2011 between Republicans, who control the House, and President Obama and the Democrats who remain in control of the Senate. This impasse was resolved in the short-term when Congress passed the Budget Control Act of 2011.

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