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Republican House Speaker John Boehner quits debt talks

23 July 2011 Last updated at 00:29 BST

Republican House Speaker John Boehner has walked away from crunch debt ceiling talks at the White House with US President Barack Obama.

Mr Obama said Mr Boehner had rejected an "extraordinarily fair deal" that would have included $650bn (£400bn) of cuts to entitlement programmes.

"A lot of Republicans are puzzled", the president said, that a deal could not be reached.