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Kevin Hassett and Abby McCloskey: Obama Rewrites Debt-Limit History


Congresses run by both parties have used the borrowing limit as political leverage with a president. As the government shutdown continues, the nation gets closer and closer to the day—probably Oct. 17—when Washington hits the debt limit, and with it the specter of default. President Obama may be getting nervous about what will happen to

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Posted: October 4, 2013 Friday 07:00 PM