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Obama signals flexibility on rate of tax hike

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In the wake of that interview, White House press secretary Jay Carney was peppered with questions over whether Obama would require a return to the Clinton-era rates. Carney declined to answer the yes-or-no question, instead lambasting the GOP proposal as "magic beans and fairy dust." Obama on Tuesday also said he was willing to make changes to entitlement programs but declined to commit to any...

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