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Boehner seeks debt-ceiling solution before Asian markets open

July 24, 2011

House Speaker John Boehner wants to come up with a solution to the nation’s debt-ceiling crisis in the next 24 hours to head off a negative reaction in Asian markets, a Republican aide said Saturday.

Boehner favors a plan to cut spending by $3 trillion to $4 trillion in a two-step process, the aide said.

Source:
http://www.cnn.com/2011/POLITICS/07/23/debt.talks/index.html

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