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US inches towards default deadline

2012-07-25 18 Dailymotion

Barack Obama has cautioned that no area can be off-limits when it comes to tackling the country's record budget deficit despite Republicans' protestations.<br /><br />On Saturday the US president said any plan to deal with the country's $14.3tn debt must include an end to tax breaks for the wealthy.<br /><br />Al Jazeera's Tom Ackerman from Washington DC.

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