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Debt ceiling vote passes in the House

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Debt ceiling vote passes in the House – CBS News


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House Republicans have narrowly passed a bill to raise the nation’s debt ceiling. But even party leaders acknowledge the bill is nowhere close to becoming law. The House bill increases the debt limit by $1.5 trillion — while at the same time imposing an array of spending cuts to the federal budget. CBS News congressional correspondent Scott MacFarlane has more.

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