Politics heat up over the debt ceiling
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The Status of Negotiations Between Democrats and Republicans Right Now
The status of negotiations between Democrats and Republicans is playing out in public. House Speaker Kevin McCarthy pledged to raise the debt ceiling, but he said we would have to cap spending growth at about 1% a year. Matt Welch: It was primarily a political speech aimed at trying to shift the responsibility for who's to blame for the fact that we haven't gotten to negotiations yet.
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