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Obama: GOP using debt limit to 'extort' me over budget

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President Barack Obama turned to business leaders on Wednesday ahead of brewing fiscal fights, urging them to oppose GOP efforts to link raising the debt limit to further spending cuts and entitlement reforms. “You have never seen in the history of the United States the debt ceiling being used to extort a president or a governing party,” Obama said in a speech to the Business Roundtable. The...

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