TODAY

TODAY   |  October 08, 2013

Democrats focus on raising borrowing limit

Congressional Democrats are advancing legislation to raise the federal debt ceiling in hopes of avoiding the country defaulting on its debts later this month.

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This content comes from Closed Captioning that was broadcast along with this program.

>> with one crisis still unresolved congress is turning to the debt issue. they're raising the borrowing limit enough to last until next year's election. the white house has not ruld out a short-term extension to prevent an unprecedented default on government obligations. the northeast is