Morning Wire
Spending Cuts vs Borrowing: Fixing the Debt Limit | Sunday Extra
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In January of this year the U.S. hit its maximum borrowing limit of 31.4 trillion dollars. Now the White House is demanding that Congress raise the debt ceiling and allow the administration to borrow more money. The GOP House says an agreement must include spending cuts. In this Sunday extra episode of Morning Wire we speak to a bipartisan expert about the importance of the debt limit.
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