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Obama: I won’t agree to tax rate increases if debt ceiling is left unresolved

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President Obama reiterated his demand for tax rate increases on the wealthy, but said that he would reject a Republican concession on tax rates if they did not also raise the debt ceiling. “We’re not insisting on [raising] rates just out of spite or any partisan bickering, but rather because we need to raise a certain amount of revenue,” Obama said this morning during the Business...

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