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Inflation, inflation, inflation
FT News Briefing
The Debt Limit in Washington Is a Winning Argument, Right?
2min Snip
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Republicans have argued that raising the debt limit would fuel inflation, because it would mean more money pumped into the economy. Democrats argument is that republicans are conflating multiple issues. They will argue that the increase in borrowing is required in order to afford pay for things that were already approved last year and even further back in the trump administration.
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