Debt limit standoff puts White House at odds with Republican leadership – CBS News

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The U.S. is forecast to reach the debt limit on Thursday, and Treasury Secretary Janet Yellen is urging congressional leaders to raise the debt ceiling to ensure the U.S. does not default on its debts. The White House and House Republicans are at odds, with GOP leaders demanding spending cuts. CBS News Congressional Correspondent Scott McFarlane joined John Dickerson to discuss the latest news on the issue.

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