House Republicans Surrender On Debt Limit as Obama Bankrupt America
House Republicans will move to pass a clean extension of the debt ceiling on Thursday, acceding to Democrats' demands that no extraneous provisions be attached to the debt bill.
The GOP jettisoned plans to append a measure that would fix cuts to military pensions after it became clear that there was not enough Republican support for the strategy. The new proposal would authorize new borrowing for about a year, through March of 2015.
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