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GOP softens resistance to debt-ceiling increase
House Republicans appear to be softening their resistance to an impending vote to raise the debt limit, which could diffuse the threat of another showdown over the nation’s borrowing authority next month. Republicans had warned that they would have a list of demands before they would again raise the nation’s debt limit, but President Obama and Democrats have said they would not negotiate any deals. “The debt’s going up, and we have a greater obligation than to simply just pass it alone, but there is a political reality that the administration and the president doesn’t see it that way,”..Read More
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