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Debt ceiling: all eyes on House

Republican Speaker Kevin McCarthy last week came up with a game plan in an effort to confront the Biden Administration on negotiations to deal with the approaching debt ceiling crisis.  The two leaders met at the White House in February, but there have been no follow-up meetings since.  Biden says the Congress needs to pass a “clean” debt ceiling increase, while the Speaker insists that the increase or suspension be part of a broader program aimed at reducing government spending.

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