Sunday, July 14, 2019

News Alert: GOP struggles to find backup plan for avoiding debt default

 
 
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GOP struggles to find backup plan for avoiding debt default
Republicans are in the dark about their party's backup plan for raising the debt ceiling amid growing anxiety that they will need to do so in a matter of weeks.

Leadership wants to attach an increase in the nation’s borrowing limit to a budget deal, which would let them consolidate two tough political votes. But while Congress has until January to avoid deep budget cuts, it appears increasingly likely they’ll have to vote to raise the debt ceiling before leaving for the August recess.
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