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Debt-Limit Drama?

Well, this ought to make the White House Correspondents’ Dinner more enjoyable. The combination of higher tax revenue, less spending, and the recovery of Fannie Mae and Freddie Mac may push back the next debt-limit battle from this summer to the fall. During Obama’s tenure, the recurring debt-limit fights have become emblematic of Washington’s inability to make deals.

April 26, 2013 11:30 AM