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Obama stands firm in AIPAC speech

WASHINGTON (Reuters) – President Barack Obama on Sunday refused to back away from his new Middle East peacemaking proposals that have angered Israel, as he addressed the Jewish state’s staunchest American supporters amid a deep rift in U.S.-Israeli ties. But Obama, speaking to the pro-Israel lobbying group AIPAC, sought to…

Obama open to discussing ‘broad’ tax cut extension for rich

WASHINGTON (Reuters) – President Barack Obama is open to the idea of discussing an extension of Bush-era tax cuts for all income levels, the White House said on Thursday. Two days after congressional elections, White House spokesman Robert Gibbs signaled that Obama might consider a compromise with Republicans that would…