Obama, Congress Leaders Said to Make Little Progress on Debt
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President Barack Obama and congressional leaders made little progress in debt-reduction talks a day after House Speaker John Boehner said all sides must settle for a smaller plan than the president seeks, according to congressional aides familiar with the talks.
Before today’s 75-minute meeting at the White House, Obama said “we need to” reach an agreement within the next 10 days to allow an increase in the U.S. debt limit.