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Tuesday, March 28, 2023

Opinion | The nation faces financial calamity. Republicans will be to blame.

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Other than sticking it to Democrats, what is the point? Using reconciliation, Democrats would have to raise the debt limit by a specific dollar amount, not just suspend it for a time, as Republicans did under President Donald Trump. This would enable Republicans to run attack ads blasting Democrats for expanding the debt by some large, specific number. Never mind that raising the debt limit does not approve any new spending; it merely permits the treasury to finance the spending Congress already has okayed.

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