Monday, February 2, 2009

AP warns GOP against "Risky" opposition to debt

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WASHINGTON (AP) Eight days after Barack Obama took office as a "change" president, House Republicans have made a huge political gamble that could set the tone for the next election cycle. In unanimously opposing the massive spending bill that Obama says is crucial to reviving the economy, they signaled they are not cowed by his November win or his calls for a new era of bipartisanship. Obama's popularity will slacken, they say, and even if it doesn't voters will reward a party that makes principled stands for restrained spending and bigger tax cuts.

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