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July 23, 2011 in Nation/World
Associated Press photo

House Speaker John Boehner said he withdrew from the talks over the nation’s debt ceiling because the president wanted to raise taxes and was reluctant to agree to cuts in benefit programs.

Associated Press photo

President Barack Obama said he offered an “extraordinarily fair deal” during debt negotiations that totaled $2.6 trillion in spending cuts and $1.2 trillion in additional revenue.