President Joe Biden, armed with a new team of economic advisers, took aim on Wednesday at Republican plans to cut U.S. spending as his administration gears up for a huge fight to preserve the outlays he credits with fueling an American recovery. At issue is Republicans’ refusal to raise the statutory $31.4 trillion U.S. debt limit unless Biden agrees to spending cuts. The White House has said such measures will only be discussed after the debt ceiling is lifted.
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