House vote on debt limit increase expected to fail

By: AP
By: AP

WASHINGTON -- The House is expected to say no Tuesday night to raising the nation's debt ceiling.

The bill to raise the limit by $2.4 trillion contains no spending cuts. Every Republican and many Democrats are poised to vote against it.

Speaker John Boehner has insisted that any increase in the debt limit must be linked to spending cuts that are larger than the increase in the borrowing authority.

Bipartisan negotiations led by Vice President Joe Biden are continuing this week on proposals to cut federal spending and potentially reform entitlement programs.

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