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Wednesday, August 10, 2011

Obamanomics Daily Report!

Dow falls more than 500 points, wiping out Tuesday's comeback!It was the latest turn in a volatile week on Wall Street as investors react to the United States losing its coveted AAA credit rating.

WASHINGTON (AP) -- The United States' budget deficit has topped $1 trillion for a third straight year, adding pressure on Congress and the White House to make more progress on a long-term plan to shrink the growing imbalance.

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