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Obama says debt deadline is hard, Hatch sees wiggle room

Utah’s Sen. Orrin Hatch says he doesn’t buy the Obama administration’s argument that the nation’s borrowing limit will be hit Oct. 17 and says even if it is, the federal government can prioritize its payments without hurting the economy. Hatch, the top Republican on the Senate Finance Committee, says he would back upping the so-called debt limit — essentially the country’s credit card — if there are ongoing negotiations about restructuring America’s entitlement programs...Read More

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