GOP Senator: We 'Have Some Leverage With The Debt Ceiling' To Demand More Spending Cuts

From ThinkProgress Fri Dec 7 2012, 11:00:54

With Congress barreling toward the end-of-year deadline for the so-called "fiscal cliff," the package of automatic spending cuts and tax increases that will hit at the start of 2013, another potentially damaging deadline is fast approaching. The government will reach its borrowing limit sometime early in 2013, meaning Obama will have to again ask Congress [...]

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