Republicans Cave on Debt Threat

    U.S. House Speaker John Boehner, a Republican from Ohio, speaks during a news conference at the Capitol in Washington, D.C., U.S., on Thursday, Feb. 6, 2014. Boehner said it would be difficult to pass an immigration bill because fellow Republicans dont trust President Barack Obama to implement the law, a position that shrinks chances for House action this year. Photographer: Pete Marovich/Bloomberg via Getty Images


    House Republicans ditched their plan to ransom raising the debt limit to restore cuts to military pensions Tuesday morning. The GOP will now have to pass a clean bill to raise the debt limit, no strings attached. Senior Republican lawmakers are not sure they can get the 18 votes needed if every Democrat votes to hike the limit.

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