House GOP Proposes No Budget, No Pay in Debt Debate

House GOP Proposes No Budget, No Pay in Debt Debate Play

Jan. 23 (Bloomberg) -- Bloomberg's Peter Cook reports that the Republican-led U.S. House plans a vote today to temporarily suspend the nation’s borrowing limit, removing the debt ceiling for now as a tool for seeking deeper spending cuts. He speaks on Bloomberg Television's "In The Loop."

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