That means Obama and the Congress are already on a new collision path. Republicans say they intend to use the debt ceiling as leverage to extract more spending cuts from the president. Obama has been adamant that unlike 2011, when the country came close to defaulting on its debts, he will not yield to those Republican demands.As the day ended Saturday, there were few signs of success on a scaled-back deal. But no one was declaring a stalemate either.
If Cut, Fiscal Deal Will Pale Against Expectations
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