House votes to extend Treasury's borrowing authority as Republicans drop push for concessions

  • Article by: ANDREW TAYLOR , Associated Press
  • Updated: February 11, 2014 - 6:30 PM

WASHINGTON — Unwilling to spook the markets and divided among themselves, House Republicans backed away from a battle over the government's debt limit Tuesday and permitted President Barack Obama's Democratic allies to drive quick passage of a measure extending Treasury's borrowing authority without any concessions from the White House.

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