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Posted by on Jan 18, 2013 in Economy, Featured, Politics | 8 comments

House Republicans Back 3-month Debt Limit Increase

US House Republicans back 3-month debt limit increase (via AFP)

The House of Representatives will vote next week to temporarily raise the US debt limit for three months, the chamber’s leadership said Friday as Republicans leaned toward resolving a protracted fiscal impasse. The move would help defuse a time bomb that Congress and the White House face in late February…

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