Debt limit deadline looms as Democrats, GOP spar on spending
May 5, 2023
WASHINGTON (AP) — Senate Democrats pressured Republicans on the increasingly menacing debt ceiling impasse Thursday, focusing on what they say will be painful reductions in government services if a bill the GOP recently pushed through the House becomes law.
Republicans responded that they know the legal limit on government borrowing must be raised to avert a possible default. But they're insisting it be coupled with cuts in what they consider bloated federal spending.
No one expects that the House bill, which would importantly increase the nation's borrowing authority as well as cut spend...
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