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January 23, 2014


Another Fiscal Showdown Coming?

Wonk Wire notes the groundwork is being laid for another major fight over the debt ceiling.

First Read: "But three reasons suggest we might not see much of a showdown here. For one thing, the House -- just back in October -- pretty much passed a clean debt limit along with the funding to keep the government open... In addition, there's the timing. Lew's letter signals that any fiscal fight over the debt limit would probably come in the middle of next month's Olympics. And we're unsure that Congress -- and the public -- would have the stomach or attention span for a political battle during that time. And finally, a pitched fight over the debt limit probably isn't good politics for a Republican Party that's better positioned than at any time since 2011."














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