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Sunday, June 19, 2011

RINO alert: McConnell signals willingness to raise debt limit!

Don’t trust any long serving politician of either party. They’re more than likely part of, been bought off by, or blackmailed by the ruling class.

That’s why no matter which party is in power the same policies are pursued; always the liberal agenda which is leading towards the new world order.

Short debt limit hike possible: McConnell

McConnell makes a point about his meeting with President Barack Obama about the country's debt ceiling, during a news conference at the Capitol in Washington

McConnell makes a point about his meeting with President Barack Obama about the country's …

WASHINGTON (Reuters) - Congress and the White House could raise the debt limit for a few months while they seek a comprehensive, long-term budget deal, Senate Republican leader Mitch McConnell said on Sunday.

The Obama administration has warned it will run out of money to pay the nation's bills if Congress does not raise the $14.3 trillion debt limit by August 2 -- a prospect that could push the country back into recession and upend global financial markets.

Congressional Republicans, particularly in the House of Representatives, have balked at raising the debt ceiling unless it is accompanied by significant spending cuts.

McConnell said on Sunday the ceiling could be raised enough to last a few months so that negotiations can continue on a larger deal that would include changes to so-called entitlement programs like Medicare.

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