Republicans may use debt limit to leverage spending cuts

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House Speaker John Boehner holds a news conference at the U.S. Capitol in WashingtonBy Rachelle Younglai WASHINGTON (Reuters) – House Speaker John Boehner and his fellow Republicans say they are preparing to use the next debt limit deadline to fight for further spending cuts and major changes to federal healthcare and retirement programs. Boehner's demand that any debt cap increase be matched with commensurate budget savings sets up Republicans for another fiscal battle with the Obama administration and a possible repeat of the 2011 debt limit brawl that cost the United States its top credit rating. …

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