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Republicans Offer Short-Term Increase in Debt Ceiling

There was movement Thursday on a possible deal to raise the debt ceiling so the United States does not run out of money to pay its bills. House Republicans have offered a six-week increase in the debt limit. Details on the offer were not immediately available. White House spokesman Jay Carney says President Barack Obama is encouraged that, in Carney's words, "cooler heads seem to be prevailing in the House." But Carney said the president would likely agree to a short-term debt ...

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