Friday, December 3, 2010

New Debt Ceiling Part of Tax Talks - WSJ.com

New Debt Ceiling Part of Tax Talks - WSJ.com


WASHINGTON—An increase to the federal government's borrowing limit is being considered in talks on extending the Bush-era tax cuts, people familiar with the situation said Friday. They warned, however, that the issue could be too politically toxic to be part of a final deal.
Several congressional aides said a debt ceiling increase was discussed in the ongoing talks between Obama administration senior officials and congressional Democrats and Republicans on how to extend the tax cuts.

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