Debt-Limit Vote in House Refocuses Republican Cuts Plan
This article is for subscribers only.
The Republican-led U.S. House plans a vote today to temporarily suspend the nation’s borrowing limit, removing the debt ceiling for now as a tool for seeking deeper spending cuts.
Senate Majority Leader Harry Reid said his chamber will pass the House measure unchanged and send it to President Barack Obama. “We believe strongly that this is a way forward,” Reid, a Nevada Democrat, told reporters at a news conference.