Republicans May Agree To Raise Debt Ceiling –

Republicans may agree to a short term deal to raise the debt ceiling.  According to the U.S. Treasury Department, the debt ceiling has to be raised by August 2nd to meet current obligations.  The current debt ceiling is $14.3 Trillion and negotiations will continue through the July 4th weekend.  Democrats have called for tax increases to close the budget deficit and Republicans are attempting to cut spending.

To read a related Bloomberg article, please click here:

James Sutliff

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