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Debt limit battle looms large on Capitol Hill

Tuesday, 27 Aug 2013 | 8:06 AM ET

Treasury Secretary Jack Lew says the White House will not accept a delay or partial defunding of Obamacare, reports CNBC's John Harwood, with highlights from his interview with Lew earlier this morning. And Joe Watkins, former George H.W. Bush White House official, and Jimmy Williams, MSNBC contributor, weigh in.