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House GOP Drops Standoff over Debt Ceiling

HeadlineFeb 12, 2014

The House has narrowly passed a new measure to lift the debt ceiling until March 2015. Twenty-eight Republicans joined with Democrats, dropping their party’s long-running tactic of tying the debt limit to cuts on social spending, this time military pensions. The measure faces an uncertain fate in the Senate, where it is unclear if Democrats will have the votes to overcome a filibuster.

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