News Alert: Senate tables Boehner bill
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Roughly two-and-a-half hours after it was passed by the House, Senate Democrats on Friday night tabled, 59 to 41, House Speaker John Boehner's bill to raise the debt limit.Senate Majority Leader Harry Reid will now try to broker his own plan with Republicans and the White House before the debt ceiling expires on Aug. 2. Reid's current bill would achieve $2.2 trillion in deficit savings over ten years, according to the Congressional Budget Office.
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