President Obama and Congress reached a deal on raising the debt ceiling today, averting a potential debt default just hours ahead of midnight deadline.
The framework for the deal, which was announced on Sunday by Congressional leaders, raises the debt ceiling in two stages - an initial $1 trillion now to stave off the threat of immediate default, and a second, $1.4 trillion to be proposed by a newly created congressional committee that would have to agree upon cuts.
The House on Friday approved the plan put forward by House Speaker John Boehner to raise the debt-ceiling. The two-stage plan called for $3 trillion in cuts to government spending in order to lift the $14.3 trillion debt ceiling by August 2, and another vote on the issue toward the end of 2012.
Longtime couple Erika Karp and her wife, Sari Kessler, were among the first same-sex couples to be wed on Sunday as hundreds lined up outside the Manhattan clerk's office to get their marriage license on the first day gay marriage became legal in New York.
PHOTOS. Hundreds of same-sex couples in New York were expected to wed by the end of Sunday — the first day gay marriage became legal in the state. In New York City, happy couples lined up outside the clerk's office in Lower Manhattan.
Governor Andrew Cuomo has made clear that clerks who do not wish to perform same-sex marriages should find other work. This Sunday, when same-sex couples statewide line up for the first day, clerks will perform the service that they were elected to do.
"You don't get to say, 'I like this law and I'll enforce this law, or I don't like this law and I won't enforce this law'—you can't do that.” Cuomo stated. “If you can't enforce the law, then you shouldn't be in that position."
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