What Does Joe Biden Have To Do For Congress To Get Serious On This Debt Ceiling Business?

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The president today continued to make the case for a big deal, arguing that if they’re going to draw heat for the deal, they should at least do more than make a down payment on the deficit – they should get the country on sounder financial footing and begin to seriously bend the deficit cost curve. During another exchange, Republicans were going through proposed tax increases as bad for jobs specifically, having hedge fund managers pay the same tax rate as average Americans (they currently pay a 15% rate) and capping the amount wealthier Americans can deduct at 28%. "C’mon, man!” Vice President Biden exclaimed, “let’s get real!" [ABC via Daily Intel]

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