Content Tagged As cuts_in_federal_spending
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McConnell: Debt-ceiling deal may be for short-term
June 19, 2011 3:55 PM
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... more »
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