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Thursday, January 2, 2025

Happy New Year, the debt limit is here. Get ready for an all-out war over it.

On Jan. 1, the limit resumes on the U.S. national debt of more than $36 trillion. And Republicans are divided on how to handle the cliff, after the House shot down the incoming president’s plan. GOP leaders are staring down two bad options to solve President-elect Donald Trump’s debt-limit problem, …

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