3-month reprieve on US debt
- Published: 19 Jan 2013 at 05.45
- Online news: World
WASHINGTON - US lawmakers are gearing up for a tough budget battle after Republicans agreed to a three-month increase to the US debt ceiling, but with strings attached.
The Republicans said extensions of the government's borrowing authority were conditional on steep spending cuts.
The Republican-led House of Representatives will vote next week on the temporary measure, Majority Leader Eric Cantor said.
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