Financial Times Report Obama Announces Deal on US Debt Limit

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President Barack Obama announced on Sunday night that US Congressional leaders had reached and agreement on a tentative deal that would extend the debt ceiling and avoid a US default, ahead of the opening of Asian markets.  He said there was a framework in place to cut spending and guarantee further deficit-reduction steps to “end the crisis that Washington imposed …

eHeziFinancial Times Report Obama Announces Deal on US Debt Limit

Response to Murtagh’s Letter BY JOSÉ A. CARABALLO

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As the President of The Yonkers Firefighters of Local 628 I DEMAND an immediate apology from Councilman Murtagh to the members of The Yonkers Fire Department for the comment made in his letter (The budget 2010-2011). Speaking on behalf of Local 628 and its union members, that is not only a bold face lie but very insulting as well.

eHeziResponse to Murtagh’s Letter BY JOSÉ A. CARABALLO

Risk of Default by Yonkers Increases BY HEZI ARIS

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 YONKERS, NY — July 8, 2010 — Investors have suffered the risk of default in Portugal, Ireland, Greece, and Spain. The nations comprising the acronym known as PIGS may lead to local governments. Cities such as Yonkers whose fiscal legacy has been written in red ink for years finds itself among other U.S. regions in which the difficulties of curbing …

eHeziRisk of Default by Yonkers Increases BY HEZI ARIS