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"I would say that
it's worth the fight," Trump said on Bloomberg TV. "Honestly
there is so much fat in Washington that if you had the right
people in there you could cut it."
The Treasury Department has said the federal government can stay
under its borrowing limit until at least the end of October. On
Tuesday, the Congressional Budget Office extended that forecast
to early December.
If lawmakers do not raise the debt ceiling by that time, the
U.S. government could be unable to meet some obligations, which
could seriously rattle financial markets.
The Republican-controlled Congress must make tough decisions in
the coming months. In addition to the debt limit, lawmakers must
set funding levels for the next fiscal year. They also will
determine whether to extend expiring tax breaks and replenish a
fund for transportation projects.
(Reporting by Emily Stephenson; Editing by Sandra Maler)
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