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No. 2 Senate Democrat: Deal must be done on debt

WASHINGTON (AP) -President Barack Obama and congressional leaders are set to resume budget negotiations at the White House this morning.
While the president continued to push for a "grand bargain" to produce some $4 trillion worth of deficit cuts at a session last night, Republicans are opposing increases in tax revenue that would include.
The Senate's No. 2 Democrat tells ABC that lawmakers need to stay and "close the deal" on a budget agreement to avert a government default. Illinois Sen. Dick Durbin says he's "disappointed" that White House talks failed to make headway last night.
Durbin opposeS a stopgap solution, saying he's "worried about this idea that we can lurch from week to week and month to month." He said that if lawmakers don't have the will to get a deal done, public outrage over economic conditions is going to "fall on our shoulders."
Negotiators face an Aug. 2 deadline for raising the nation's debt ceiling.The No. 2 Senate Democrat is demanding that fellow lawmakers "close the deal" on a new budget agreement to avert a government default in about three weeks.

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  • by Agreeable Location: Maysville on Jul 11, 2011 at 03:15 PM
    Tell me how you come to a compromise when the Republicans are dead set against distributing the burden of taxes evenly between the working class and the multi milloniers and billioners. They say we cant tax the wealthy because they create the jobs. How ignorant do they think we are. That may have been the case pre nafta but not now. If that were true where are the jobs created by the Bush tax cuts? I'll tell ya, over seas. I wish the GOP would once again lead in economic policies that back on the day led this nation to greatness. The clout the lobbyist and tea party have on this bunch of Republican Congress men and women is shameful. Attempting to protect the wealthiest of the rich at the expense of our most needy citizens will truly be something they'll have to answer to someday.


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