What Republicans are thinking in the debt-ceiling standoff, according to Gary Cohn

Congress is running out of time to resolve the government debt showdown and risks defaulting on its debt. 

U.S. House of Representatives Democrats passed a measure earlier this week to fund the government through early December and suspend the nation’s debt limit through December 2022, but the proposal faces an uphill battle in the Senate, where GOP lawmakers have vowed to block it.

Republicans feel it is the Democrats responsibility to raise the debt ceiling alone using budget…


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