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Reid insists that any sequester solution include tax hike

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Senate Majority Leader Harry Reid, D-Nev., said Tuesday there is no chance of striking a deal to avert the deep budget cuts set to take effect Friday unless the final compromise includes a tax hike. "I think we need some revenue to take the pressure off everybody," Reid said. "The American people agree with me. And until there's some agreement on revenue, I believe we should just go ahead with...

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