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Watchwoman on the Wall
Good news! HOUSE REJECTS DEBT CEILING INCREASE
By
Donna Calvin
House Republicans have engineered the defeat of their own proposed $2.4 trillion increase in the debt limit, a political gambit designed to reinforce a demand for spending cuts to accompany any future increase in government borrowing. The vote Tuesday was 97-318, far below the two-thirds majority needed for passage. Republicans signaled well in advance…
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