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Jay Carney: Obama 'would likely sign' short-term debt limit increase

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White House press secretary Jay Carney on Thursday said President Obama would sign a short-term increase in the debt limit proposed by the GOP but cautioned that the administration still needs to see what the Republican-led House actually passes. "The president is happy that cooler heads at least seem to be prevailing in the House," Carney said in his daily briefing with reporters, of the GOP...

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