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UNITED STATES - JULY 29: Senate Majority Leader Harry Reid, D-Nev., speaks to the media about the debt ceiling following a Senate Democrats' caucus meeting in the Capitol on Friday, July 29, 2011. (Photo By Bill Clark/Roll Call)

UNITED STATES - JULY 29: Senate Majority Leader Harry Reid, D-Nev., speaks to the media about the debt ceiling following a Senate Democrats' caucus meeting in the Capitol on Friday, July 29, 2011. (Photo By Bill Clark/Roll Call)

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