Obama, GOP Outline Debt Limit Debate

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Obama, GOP Outline Debt Limit Debate

Obama, GOP Outline Debt Limit Debate
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Obama, GOP Outline Debt Limit Debate

by Associated Press Videos 1:04 mins

President Barack Obama says he "will not compromise" over his insistence that Congress lift the federal debt ceiling. The nation's credit rating was downgraded the last time lawmakers threatened inaction on the debt ceiling, in 2011. (Jan. 5)

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