Taxes `Off the Table' in Debt Talks, Blackburn Says

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June 29 (Bloomberg) -- U.S. Representative Marsha Blackburn, a Tennessee Republican, talks about negotiations between lawmakers to reduce the federal budget deficit. President Barack Obama says Democrats are willing to accept some "painful cuts" to favored programs to balance the budget and Republicans must concede that some taxes may have to be raised. Blackburn speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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