Obama wants action on government’s borrowing limit

FILE - In this Tuesday, Jan. 1, 2013, file photo, the dome of the Capitol is reflected in a skylight of the Capitol Visitor's Center in Washington. By delaying hard choices on spending, the fiscal cliff deal guaranteed more confrontation and uncertainty this year, especially when Congress must vote later this winter to raise the government’s borrowing limit. That’s likely to keep businesses cautious about hiring and investing. (AP Photo/Jacquelyn Martin, File)President Barack Obama is hailing a last-minute deal that pulled the country back from the "fiscal cliff," but warned that he "will not compromise" over his insistence that Congress lift the federal debt ceiling.




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