Content Tagged As cuts_in_federal_spending

2 years 10 months ago

McConnell: Debt-ceiling deal may be for short-term

WASHINGTON (AP) - The Senate's top Republican is suggesting a short-term increase in the nation's borrowing limit unless there's deal soon that includes changes to big entitlement programs. Economists and Obama administration officials are warning of a calamity if the government defaults on its obligations. The default deadline is...

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