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Obama Debt Ceiling Remarks: Time Is Running Out For A Deal

WASHINGTON, July 29 (Reuters/Richard Cowan and Deborah Charles) – With four days remaining until the United States hits its debt limit, President Barack Obama on Friday told deeply divided Republicans and Democrats to stop bickering and find a way “out of this mess.” Obama said a deficit-reduction plan being advanced by the top Republican in Congress would be defeated in the Democratic-led Senate and was simply wasting time. He called for compromise and said both parties were not that far apart on spending cuts. Read More… More on Debt Ceiling

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