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President Barack Obama greets event participants after announcing his plan to extend tax cuts for the middle class, Monday, July 9, 2012. (AP Photo/J. Scott Applewhite)

WASHINGTON (AP) — Facing sagging jobs numbers, President Barack Obama sought to recast the November election as a fight over tax fairness on Monday, urging tax cut extensions for all families earning less than $250,000 but denying them to households making more than that.

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