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Obama: Compromise -- but not on tax cuts for rich

Published 11/10/2012, Associated Press

WASHINGTON (AP) -- An economic calamity looming, President Barack Obama on Friday signaled willingness to compromise with Republicans, declaring he was not "wedded to every detail" of his tax-and-spending approach to prevent deep and widespread pain in the new year. But he insisted his re-election gave him a mandate to raise taxes on wealthier Americans.

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