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Sen. Corker: Debt Ceiling Is Republican 'Leverage' To Cut 'Entitlements'

Sen. Bob Corker (R-TN) says that his party should agree to raise taxes on the wealthy before January because Republicans can force cuts to earned benefits like Medicare and Social Security next year by holding the debt ceiling hostage. "I do

President Barack Obama said that he would refuse to let Republicans use the debt ceiling in budget negotiations this time.

"I will not play that game," the president explained. "Because we've got to break that habit before it starts."

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