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President Obama holds news conference on debt ceiling in Washington
U.S. President Barack Obama speaks to the media during a news conference in the Brady Press Briefing Room of the White House in Washington, DC, on July15, 2011. Obama, the Democratic controlled Senate and the Republican controlled House continue to battle over the debt ceiling, budget cuts and tax hikes as an August 2 deadline to raise the debt limit or face default looms. UPI/Roger L. Wollenberg
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