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Obama optimistic on debt deal, end to tax breaks

Obama speaks to workers at Alcoa in Iowa
Obama speaks to workers at Alcoa in Iowa

WASHINGTON (Reuters) - President Barack Obama pressed his case Wednesday that tax cuts for the wealthiest Americans must be ended as part of a deficit deal, which he said he believed Republicans and Democrats would reach.

Obama said he and Vice President Joe Biden would continue talks with leaders from Congress to reach a deal that would cut the deficit and allow for the debt ceiling to be raised.

(Reporting by Jeff Mason, Alister Bull and Patricia Zengerle)

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