Obama asks Congress for debt limit hike

President Obama formally notified Congress on Thursday of his intent to raise the nation's debt ceiling by $1.2 trillion, two weeks after he had postponed the request to give lawmakers more time to consider the action.

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Peter Whoriskey 13 Jan, 2012


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Source: http://feeds.washingtonpost.com/click.phdo?i=8b3a7534a8dca11d6a856620f13541ae
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