Opposition Republican leaders agree on the need to raise the borrowing limit by August second or risk the nation's first default.
VOA : special.2011.07.15
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Anyone who has ever borrowed money can relate to the debate over raising America's borrowing limit.
VOA : special.2011.07.15
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But on Thursday, Federal Reserve Chairman Ben Bernanke warned lawmakers that lack of action to raise the borrowing limit would mean a lower credit rating.