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Debt face-off shifts to Congress

Negotiations to increase the nation's debt ceiling shifted to Congress where Republican and Democratic leaders were assessing the mood of their members even as an intricate but potentially face-saving deal to avoid an unprecedented government default was taking shape in the Senate.

By Jim Kuhnhenn | Updated on July 15, 2011
In this July 14, 2011, file photo, President Barack Obama sits with House Speaker John Boehner of Ohio,among others in the Cabinet Room of the White House in Washington, Thursday. O

WASHINGTON (AP) — Negotiations to increase the nation’s debt ceiling shifted to Congress where Republican and Democratic leaders were assessing the mood of their members even as an intricate but potentially face-saving deal to avoid an unprecedented government default was taking shape in the Senate.

With an Aug. 2 deadline looming and no compromise jelling at the White House, President Barack Obama had to settle Friday for asking congressional leaders to take three deficit reduction options to their members to see which, if any, could win a vote in the House and Senate.

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