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White House: Obama Would Sign Short-Term Debt Ceiling Extension

Tue 22 Jan 13 | 02:00 PM ET
CNBC's John Harwood reports White House Press Secretary Jay Carney says President Obama would sign a short-term debt ceiling extension; and Michael Cuggino, Permanent Portfolio Funds and Komal Sri-Kumar, Sri-Kumar discuss how the markets are reacting.
 
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