Debt Ceiling Debate Heats Up, Tea Party Says 'Hell No' to Raising Limit

The political battle over whether to raise the U.S. debt ceiling will continue to rage in the halls of Congress as the country today hit its debt limit of $14.294 trillion and the stakes get higher. The Republican leadership is facing increasing pressure from freshman members of Congress -- many of whom campaigned on the platform of cutting the deficit -- and the conservative Tea Party movement, even as they work with the Democratic leadership to avert a default on the debt that some economists...Full Story
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