Debt crisis talks not going well in the US

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The fourth day of all-party debt deficit talks in Washington has reportedly ended stormily. Barack Obama is said to have rejected a Republican call for a short-term plan based on spending cuts. The President is said to be willing to consider cuts if they are matched by tax rises for the rich. But the Republicans say this will stifle growth and investment. ... http://www.euronews.net/

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