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6%  
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  • Sens:Won't Vote To Lift Debt Ceiling Without Action On Spending

    11/16/2009 1:30:24 AM PST · by TigerLikesRooster · 15 replies · 679+ views
    Nasdaq ^ | 11/13/09 | Corey Boles
    Sens:Won't Vote To Lift Debt Ceiling Without Action On Spending By Corey Boles, Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Two Democratic senators said Tuesday they wouldn't vote to support an increase in the nation's debt ceiling without corresponding action to address the country's long term fiscal imbalances. Sens. Dianne Feinstein (D., Calif.) and Evan Bayh (D., Ind.) told a hearing of the Senate Budget Committee they would vote against a needed increase in the limit the federal government can borrow unless Congress creates a commission to come up with proposals to bring the deficit and debt under control. The...