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US House passes Republican debt ceiling bill with steep spending cuts

2 years ago Philippines inquirer

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WASHINGTON  – The U.S. House of Representatives on Wednesday narrowly passed a bill to raise the nation’s $31.4 trillion debt ceiling, defying President Joe Biden by attaching sweeping spending cuts for the next decade. With this mostly partisan 217-215 vote, Republican House Speaker Kevin McCarthy hopes to lure Biden into negotiations on cutting spending, even […]

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