Monday, July 11, 2011

Obama Challenges GOP to Compromise On Debt

WASHINGTON (AP) - President Barack Obama declared on Monday there would be no deal on raising the government's debt limit if Republicans won't compromise, and he said he would not sign a short-term extension - raising the stakes on volatile negotiations with the clock ticking toward an Aug. 2 deadline. "I don't see a path to a deal if they don't budge. Period," the president said in a challenge to his political opponents, accusing Republicans of having a "my way or the highway" posture on taxes read more.

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