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The treaty would cut the limits on strategic warheads to 1,550 for the United States and Russia from the current ceiling of 2,200. The pact also would establish new procedures to allow both countries to inspect each other's nuclear arsenals to verify compliance. In recent days, a number of Republicans have voiced support for the agreement, increasing its chances of ratification. Republicans, however, have also insisted that they would not take up any other issue until Congress completes action on the tax plan and on a a broad spending measure to continue paying for government operations. The tax plan is facing vigorous Democratic opposition in Congress. Obama forcefully rejected suggestions he had abandoned his allies to cut an agreement with the GOP. "I think it is inaccurate to characterize Democrats, writ large, as quote-unquote betrayed." He said economists predict higher job growth in 2011 and 2012 if Congress passes the agreement. It would extend expiring Bush-era tax rates to all taxpayers for two years. The deal avoids a tax increase next year. It also includes a 13-month extension of jobless benefits and a one-year cut in payroll taxes. He urged lawmakers to "examine the agreement, look at the facts, have a thorough debate, but get this done. The American people are watching."
[Associated
Press;
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