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White House refuses to trade budget for debt ceiling hike

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President Obama will not call for Senate Democrats to pass a budget in exchange for a debt ceiling hike, his spokesman said while refusing to say if a budget is important to managing the nation’s financial affairs. “Congress — the Senate, the House — should act to raise the debt ceiling,” White House Press Secretary Jay Carney said today during the press briefing. “This is not a negotiation the...

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