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Thursday, 14 July 2011

Obama asks lawmakers to gauge support for the deal debt

Washington (Reuters)-President Barack Obama concluded a round of talks on debt by sending his Party Congress to gauge support for a deal, says a package to cut the defeats by 2 trillion was at hand.
Republicans, looking for cuts of 2.4 trillion in return to support a rise in the ceiling debt, pressed Obama to reduce costs "significantly" in the fifth round of talks in the White House in a few days.
The Treasury has warned it will run out of money to pay bills of the country after 2 August if

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