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Old 07-27-2011, 05:40 PM   #1
scooter
 
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Name: scooter
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Post GOP retools plan as Congress seeks debt fix

Six days away from a potentially calamitous government default, House Republicans appeared to be coalescing Wednesday around a work-in-progress plan by House Speaker John Boehner to increase the U.S. borrowing limit and chop $1 trillion in federal spending. But the White House dismissed the proposal as a waste of time, and it got a thumbs-down

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