Biden Pushes To Raise Debt Limit As Republicans Resist

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President Joe Biden is working on a resolution to raise or suspend the debt limit as Republicans resist his calls to vote for the measure. The bill would require the support of at least 10 Republicans. Without those 10 votes, the U.S. economy could suffer grave consequences, potentially forcing the government to cut back on Medicare benefits and Social Security checks. Democrats could pass the increase without Republicans by using the so-called budget reconciliation bill that only requires a simple majority. Senate Minority Leader Mitch McConnell recently announced that his party would not sup…

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