The New York Times
Friday, July 22, 2011 -- 6:05 PM EDT
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House Speaker Boehner Pulls Out of Debt Ceiling Talks
The Republican House speaker, John A. Boehner, said Friday that he had broken off talks with President Obama on getting a budget deal to avert a government default.
Mr. Boehner said that Mr. Obama wanted to raise taxes too high and won't make "fundamental changes" to benefit programs such as Medicare.
Top Republican aides said Mr. Boehner would now work with Senate leaders on an alternative aimed at averting a market-rattling, first-ever federal default.
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