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Default Averted, Everyone Still Pissed

President Obama signed the bill to raise the debt ceiling today, avoiding a potentially catastrophic blow to the United States economy. In the process, however, he had to sign off on a $2 trillion deficit reduction plan his own party thinks is too drastic and Republicans think isn't drastic enough. Politics is the great art of disappointment.

Posted on August 2, 2011, at 3:15 p.m. ET

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