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During a strategy retreat to Williamsburg, Virginia, leadership in the House GOP caucus took the opportunity to rally Republicans around a short-term debt ceiling increase that would come without any significant movement on deficit reduction.
House Republican leaders Friday offered President Barack Obama a three-month reprieve to a looming, market-rattling debt crisis, backing off demands that any immediate extension of the government's borrowing authority be accompanied by stiff spending cuts.Republicans hadn't settled on full details, but the measure would give the government about three more months of borrowing authority beyond a deadline expected to hit as early...
Republicans Plan Vote on Clean Debt Ceiling Hike