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No movement: Lawmakers dig in heels on debt crisis

January 7, 2013
By ANNE FLAHERTY , THE ASSOCIATED PRESS

WASHINGTON - Congressional leaders on Sunday showed no signs of emerging from their corners to resolve the next step in the financial crisis, with Democrats still talking about higher taxes on the wealthy and the Senate's top Republican suggesting that a crippling default on U.S. loans was possible unless there were significant cuts in government spending.

 
 
 

 

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