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Debt deal now up to the leaders

The opinions expressed by columnists are their own and do not necessarily represent the views of
President Obama will now take a leading role in negotiations to raise the debt limit, a test of his leadership that will have profound economic effects.

It appears negotiators will miss the July 1 deadline they set for themselves to reach an agreement after House Majority Leader Eric Cantor (R-Va.) abruptly withdrew from the talks last Thursday.


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