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Democrats poised to accept GOP’s short-term debt limit extension

By Susan Ferrechio
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Democrats poised to accept GOP’s short-term debt limit extension

Senate Democrats say they’ll agree to a proposal by Republicans to solve a debt limit impasse by extending the nation’s borrowing limit for only three months.

“We are willing to take this offer in order to stave off fiscal ruin,” Sen. Chris Murphy, a Connecticut Democrat, told reporters after the caucus huddled privately Wednesday.

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Chuck Schumer Congress Debt Ceiling Mitch McConnell