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June 29, 2026

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President Seeks Deficit Compromise

POSTED: July 26, 2011, 12:00 am

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President Obama addressed the nation last night from the East Room of the White House and urged Republicans in the House of Representatives to offer a balanced plan to address the nation's deficit, while rejecting the proposal by Speaker John Boehner for a limited extension of the nation's debt ceiling.





Source: The White House

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