January 23, 2013
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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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.