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OPINION

Short-term debt limit extentsion an option, Obama says

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President Barack Obama would support a short-term extension of the debt limit if Democrats and Republicans reach agreement on a broader deficit-cutting deal but need more time to move it through Congress, White House Press Secretary Jay Carney said Wednesday.
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“If both sides agree to something significant, we will support the measures needed to finalize details,” Carney said.

By loosening the president’s opposition to a short-term extension, the White House ups the pressure on Congress to seriously consider a bipartisan Senate proposal released Tuesday.

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