Senate Republicans Offer to Allow Debt Ceiling Increase Until December

The proposal offered a way out of the short-term fiscal crisis, and a means for Republicans to defuse criticism that they were acting recklessly, but only put off the threat of a default.The proposal offered a way out of the short-term fiscal crisis, and a means for Republicans to defuse criticism that they were acting recklessly, but only put off the threat of a default.

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