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Democrats worried about taxes in US debt deal

The aide said Democrats see no guarantees of additional revenue in the possible 10-year deal, which would provide $3 trillion in spending cuts.

President Barack Obama failed to satisfy Democratic congressional leaders about a possible debt reduction deal he is negotiating with House of Representatives Speaker John Boehner, a senior Democratic aide said today.

The aide said Democrats see no guarantees of additional revenue in the possible 10-year deal, which would provide $3 trillion in spending cuts.

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Tags:  Barack Obama  US  Democrats  debt plan  


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