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Will White House Choose Default Over Year-Long Deal?

5:55 PM, Jul 14, 2011 • By JOHN MCCORMACK
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Harry Reid isn't sure if not raising taxes is worse than default.

Obama isn't sure if holding another vote on the debt limit in 2012 is worse than default, ABC's Jake Tapper reports.

Democrats have framed the debt ceiling debate as a choice between raising taxes and defaulting (alternatively, do nothing or defaulting). These are, of course, false choices. There are, of course, plenty of other options. Obama and Reid just don't like them.

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