Obama calls for tax hike; GOP says no

Dan Tuohy New Hampshire Union Leader 7/25/2011

With dueling debt limit plans facing stalemate, President Obama warned Monday night of the economic calamity of missing a default deadline of Aug. 2 to pay all the country’s bills.

Interest rates would skyrocket on credit cards, mortgages, car loans and student loans, costing America jobs and business […]

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