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Debate over U.S. debt changes tone

JULY 25, 2016 | by Nick Timiraos | THE WALL STREET JOURNAL

By Nick Timiraos, includes "No matter who wins the White House in November, don't expect to hear new calls for reduced spending. Gone are the fights of yesteryear over striking a "grand bargain" to slash the debt. In their place a new debate has emerged over whether America's borrowing capacity has gone up-and how the nation might take advantage of it..."

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