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Dem predicts smooth debt-ceiling increase

A high-ranking Senate Democrat predicts a smooth debt-ceiling increase in early 2014.Sen. Charles Schumer (D-N.Y.) said that Republicans “learned their lesson” with the government shutdown in October and will not play politics with raising the nation’s debt ceiling.Schumer told “Meet the Press” host David Gregory that Republicans “will back off any hostage taking … (or) extremist” demands when the nation bumps up against the legal borrowing limit in early spring. Read more…

 

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