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The Debt Ceiling & Alec Baldwin Faces Charges | 1.20.23

Morning Wire

House Speaker Kevin McCarthy and Democrats in Congress Demand the Debt Limit Be Raised

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The White House and Democrats in Congress are demanding the limit be raised, no strings attached. Republicans say they will not agree to raise the limit until President Biden agrees to major cuts to federal spending. From what we're hearing out of Washington, it looks like a deal will not be finalized until the summer when both sides will hope to have more leverage.

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