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Attention Shifts to US Senate Leaders in Budget Showdown

With the U.S. facing a new credit warning, a bipartisan effort by Democratic and Republican Senate leaders is now back in the spotlight.  President Barack Obama is waiting for an acceptable solution to emerge that would extend the debt limit and reopen the federal government.   Late Tuesday, the Senate Democratic and Republican leaders, Harry Reid and Mitch McConnell, resumed efforts for a bipartisan compromise that was put on hold earlier as events played out in the ...

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