POLITICS

Debt ceiling debate restarts with new deadline

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The Federal Government's borrowing authority will run out sometime in the middle of October, reviving the fiscal debate between the Obama Administration and cost-cutting Republicans, according to a report by The Washington Post.

In exchange for raising the government's debt limit, some Republicans are pushing for significant new spending cuts while others are asking for a delay or the repeal of President Obama's Affordable Care Act. The President said he will not negotiate on the debt limit.

Read more from The Washington Post.

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