A bill to cut the deficit faced a nail-bitingly close vote in Congress on Thursday as the top Republican lawmaker sought to quell an internal revolt and push his plan to avoid a ruinous default.
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After weeks of bickering and setbacks, some common ground has emerged between rival Republican and Democrat plans to cut the deficit and raise the debt limit.
The writer of this article presumes the debate about raising the debt ceiling/limit is about reducing the budget deficit. It is not; the debate and pending bills are about trying to slow the government spending.