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Debt Limit Debate

House Republicans have set goals on the debt limit. “It says that we don’t want to agree to a debt limit without some sort of a control mechanism, budget reforms, spending reforms,” Rep. Hill (R-AR) said of the agreement, declining to elaborate on any concrete requirements regarding a debt-limit vote. Rep. Roy (R-TX) said “he’d welcome a hard-fought battle over the US debt ceiling, but said both parties should start negotiating terms for the increase now so it doesn’t go down to the wire.”