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Obama to Run Against ‘Do-Nothing’ Congress If Job Bill Fails

Phil Schiliro, then the White House congressional liaison, put his boss on notice last year. One hurdle stood between him and the start of his re-election campaign: lifting the debt ceiling.

While President Barack Obama couldn’t control the European financial crisis or the Arab Spring, the fight over the nation’s borrowing limit was forewarned. Yet the White House didn’t engage immediately; got pulled into fruitless negotiations over a broader budget deal; and finally had to make major concessions at the brink of default.