![]() 3 and suspend the cap on federal debt through the end of 2022. Republican leaders have flatly rejected that plan, leaving Congress in a familiar political standoff over spending and debt that could have serious economic consequences.ĭemocrats are moving ahead with a bill that would both extend current spending levels through Dec. ![]() Congress has fewer than 10 days to pass legislation to prevent another partial government shutdown, and Democrats hope to use the deadline pressure to force Republicans to help them pass a critical suspension of the federal borrowing cap.
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