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U.S. House passes Republican plan to extend debt limit to May 19
WASHINGTON |
WASHINGTON Jan 23 (Reuters) - The U.S. House of Representatives on Wednesday passed an extension of borrowing authority under the federal debt limit to May 19, putting the Republican plan on a fast track to enactment after top Senate Democrats endorsed it.
The 285-144 vote in the House fell largely along party lines, with many Democrats objecting to the short-term nature of the extension.
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