House passes GOP debt ceiling bill, as U.S. inches toward fiscal crisis

For House Republicans, the outcome marked a realization of a risky wager they placed after assuming a majority this January: They bet they could use the debt ceiling, the legal limit on how much money the country can borrow to pay its bills, as political leverage. Since Congress must pass a new…

#republicans #medicaid #treasurydepartment #cbo #goldmansachs #midwestern #conservatives #garretgraves #democrats