The Debt Limit’s Lame-Duck Test: Can Republicans Cut Spending?
Writer: Romina Boccia |
Date: 2026-10-22 06:12:00
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Washington’s deficit dependancy is imposing extreme prices on the American folks. As traders demand larger compensation for holding federal debt, larger Treasury yields put upward stress on mortgage charges and different borrowing prices, whereas inflation pressures construct. Amid deteriorating fiscal situations, Republicans are contemplating one other huge debt-limit improve mainly to spare President Donald Trump troublesome negotiations with Democrats ought to…
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