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Boehner: Failure to raise debt limit would mean ‘financial disaster’
Link: http://www.rawstory.com/rs/2011/01/boehner-failure-raise-debt-limit-disaster/
Even as he admitted that not raising the debt ceiling would mean a "financial disaster" for the US and the world, the Speaker said Sunday that Democrats must agree to big spending cuts before the GOP-controlled House will support the Obama administration's spending plans.
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