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Obama: No more "rabbits in our hat" to pay U.S. debts

Name: Obama: No more "rabbits in our hat" to pay U.S. debts
Uploaded: 2013-10-08T09:29:38-0400
Duration: 2 min 49 s
Description: President Obama warns lawmakers ahead of an Oct. 17 deadline to raise the debt ceiling that the United States' emergency powers will soon run out.

President Obama warns lawmakers ahead of an Oct. 17 deadline to raise the debt ceiling that the United States' emergency powers will soon run out.