According to the Wall Street Journal Republican leaders said Tuesday they are planning a House vote next week on a stand-alone bill to raise the federal borrowing limit by $2.4 trillion, with the expectation it would fail.
GOP leaders intend to show that a debt-limit increase can't pass the Republican-controlled House unless it is linked to a plan to reduce the federal budget deficit.
All House Republicans are expected to vote against the measure, because it does not include spending cuts. Many Democrats will oppose it, saying they don't want to align themselves with a debt limit increase if the measure is destined to fail…
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