… raising the debt…
Here is the Wall Street Journal’s Real Time Economics commenting on the deal:
- The deal would suspend the debt ceiling until the end of July 2021. It also provides for about $320 billion in spending over two years above limits set in a 2011 budget law, known as the sequester.
- The accord marks another example of Washington’s rising tolerance for deficits, among both Democrats, who prize domestic spending, and Republicans, who consistently seek more money for the military.
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