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McCarthy concessions raise stakes on budget, debt limit

Por: Portland Press Herald World January 09, 2023

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WASHINGTON — The deal between Speaker Kevin McCarthy and his conservative detractors lays a foundation for the massive spending cuts that some want, but also sets up a daunting challenge for GOP lawmakers who want to keep the government functioning after winning control of the House. By increasing the difficulty of reaching a bipartisan agreement on spending, it could raise the risk of a market-rattling battle over the debt limit and a partial... + full article



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