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Speaker of the House John Boehner, R-Ohio, and the House GOP leadership speak to reporters after a closed-door meeting on avoiding a potential debt crisis at the Capitol in Washington Tuesday. House Republicans have said that they will not agree to a long-term debt ceiling increase unless the Senate works with them to pass a budget deal.

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House votes to defuse debt crisis

The U.S. House of Representatives on Wednesday passed an extension of borrowing authority under the federal debt limit to May 19, putting the Republican plan on a fast track to enactment after top Senate Democrats endorsed it.

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