WASHINGTON — The Obama administration on Monday called for a higher level of funding from the industry to help the Federal Deposit Insurance Corp. deal with failures.

In its 2011 budget, the White House proposed raising the agency’s target reserve level more than 25 basis points, to exceed 1.5% of insured deposits. Under current law, the reserve ratio of the Deposit Insurance Fund must float between a range of 1.15% and 1.5%. The FDIC has set a target of 1.25%.

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