Obama, GOP Outline Debt Limit Debate

President Barack Obama said he "will not compromise" over his insistence that Congress lift the federal debt ceiling. The nation's credit rating was downgraded the last time lawmakers threatened inaction on the debt ceiling, in 2011.

January 6, 2013

By The Associated Press

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Saturday, May 25, 2013, 4:25 a.m.

Obama, GOP Outline Debt Limit Debate

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