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President Barack Obama, flanked by House Speaker John Boehner of Ohio, left, and Senate Majority Leader Harry Reid of Nev., meets with Congressional leadership in the Cabinet Room of the White House in Washington, Thursday, July 7, 2011, to discuss the debt. (AP Photo/Pablo Martinez Monsivais)

WASHINGTON (AP) — President Barack Obama declared a debt-crisis session Thursday with congressional leaders was “very constructive” but said the parties were still far apart on deficit reduction proposals. He said he would reconvene the negotiators on Sunday.

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