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Chuck Schumer: GOP has to back tax increases to get a budget

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Sen. Chuck Schumer, D-N.Y., said the U.S. Senate will only fulfill it’s legal obligation to pass a budget if the budget, which has not been passed since 2009, includes new tax increases. “We need a budget,” Schumer conceded on Meet the Press.  “It’s a great opportunity to get us some more revenues to help in part deal with sequestration and deal with the debt issue . ....