U.S. Senate Democrats Plan to Introduce Debt Ceiling Increase
Here is an article for a non-inflammatory bill that will enable Obama to raise the debt ceiling unless 2/3 of Congress disapproves. Similar action has been done in the past to diffuse tensions and keep the government functioning. Then, the Republicans can blame the national debt on Obama. I suspect that something like this will happen in the next two weeks, and this will end the stock market downturn.
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