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Lawmakers race against clock on debt limit
Facing a deadline to avoid a ruinous default, congressional leaders on Saturday braced for a tense weekend of negotiations to try to reach a compromise on a measure to increase in the country's $14.3 trillion debt limit. Senate Democrats aimed to seize the initiative by pushing their deficit-cutting plan, but entrenched differences remained less than 100 hours before the government says it will no longer be able to borrow to pay its bills. A sour mood prevailed on Capitol Hill as Senate Democratic leaders accused their Republican counterparts of refusing to talk to them after Senate Republican leader Mitch McConnell ... (full story)
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