WASHINGTON (Reuters) - Republicans in the House of Representatives oppose a series of short-term debt limit increases, aiming instead for a one-time hike if they win deficit-reduction controls, lawmakers
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House Republicans will force a vote Wednesday on a plan to stave off a debt-ceiling crisis for three months, but it's the rest of their plan — to hold lawmakers' pay hostage to their ability to pass a budget — that is testing the limits of the Con
House Republicans won't support raising the federal government's borrowing limit without new spending cuts from the Obama administration, and the White House risks an unprecedented U.S. default by refusing, House Speaker John Boehner said Sunday.
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Article by WN.com Correspondent Dallas Darling One day after President Barack Obama signed into law a bill to end the 16-day government shutdown, extending the borrowing limit, the nation's $16.7 trillion debt increased by an incredible $328 billi
WASHINGTON: President Barack Obama and congressional Republican leaders inched toward resolving their fiscal impasse on Friday, but struggled to agree on the length and terms of a short-term deal to increase the U.S. debt limit and reopen the government.
WASHINGTON: President Barack Obama and congressional Republican leaders inched toward resolving their fiscal impasse on Friday, but struggled to agree on the length and terms of a short-term deal to increase the U.S. debt limit and reopen the government.
WASHINGTON (Reuters) - Senate Democrats are trying to propose a compromise debt limit increase bill that would likely not come to a final vote in the Senate until midday on Tuesday, under one possible
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