Economy

Debt-Ceiling Deal Appears Closer to Becoming Reality

The debt-ceiling Armageddon being fought in Washington has never been chiefly about money. Because everyone except the most extreme members of the Tea Party Movement knows that the debt limit must be raised, Republicans are holding it hostage to exact acceptance of their conservative agenda. They know that the Democrats controlling the presidency and the Senate will never agree to scale back Social Security and other social programs

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