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Obama: Uncertainty over debt limit impacts hiring (AP)

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AP – Facing a dismal jobs report, President Barack Obama called on Congress Friday to end uncertainty over their debt standoff and pass a litany of administration-backed proposals, including a payroll tax cut extension and three free trade agreements. Obama’s top economist said implementing those policies would reduce the jobless rate a full point by the time Obama faces re-election in the fall of 2012.

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