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WEKU
WEKU
Politics
Rachel Treisman

House Republicans hope their debt limit bill will get Biden to the negotiating table

The U.S. Capitol is seen during an event celebrating 100 days of House Republican rule last week in Washington, D.C. (Anna Moneymaker/Getty Images)

The U.S. risks defaulting on its national debt as soon as early summer — which would spell disaster for the domestic economy and global financial markets.

Both Republicans and Democrats agree that Congress must raise the debt ceiling, and soon. But they disagree on how to get there.

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