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Obama challenges GOP to compromise on debt; Speaker says taxes not an option

Obama challenges GOP to compromise on debt; Speaker says taxes not an option

Even before Pres. Barack Obama was finished speaking to reporters Monday, Republicans were disagreeing with his insistence that a deficit-trimming deal include cutbacks in tax breaks for the wealthy and some big corporations.

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Obama challenges GOP to compromise on debt; Speaker says taxes not an option

Even before Pres. Barack Obama was finished speaking to reporters Monday, Republicans were disagreeing with his insistence that a deficit-trimming deal include cutbacks in tax breaks for the wealthy and some big corporations.