| Obama warns Republicans on debt limit |
|
President Barack Obama called on Republicans in Congress to lift the
country’s borrowing limits without preconditions, saying markets could
go “haywire” if there was another confrontation over the US debt limit. At what was billed as the final press conference of his first term, Mr Obama said Republicans should not expect to be paid a “ransom” in the form of new spending cuts for agreeing to lift the debt ceiling. http://link.ft.com/r/OZMCDD/ |
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