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Raising The Debt Ceiling

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By Paul Johnson

Washington (CNN) - House Republican leaders have given up efforts to link other issues to raising the federal borrowing limit and will bring up a "clean" debt ceiling measure as soon as Wednesday, GOP sources told CNN Tuesday.

The issue had threatened more congressional gridlock, as President Barack Obama and Democrats rejected any negotiations over the need to increase how much the government can borrow to pay its bills.
Treasury Secretary Jack Lew said last week the debt ceiling must be extended or raised by Feb. 27 to ensure the full faith and credit of the United States.


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