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The very phrase “debt ceiling” sounds austere and restrictive, as if it’s a lid on government spending. In fact, the US federal debt limit was first conceived more than a century ago to make it easier, not harder, for the government to borrow money. But it morphed into an explosive political tool…
#affordablecareact #treasury #janetyellen #barackobama #kevinmccarthy #republicans #treasurydepartment #medicaid #medicare #worldwarii
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