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Debt ceiling: There's no upside for Republicans if they hold debt ceiling hostage

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Debt ceiling: There's no upside for Republicans if they hold debt ceiling hostage
Former Senate Budget Committee Chairman Judd Gregg, R-N.H., says it would be folly for Republicans to hold the debt ceiling hostage because it's a battle they cannot win. 2009 file photo. (UPI Photo/Alexis C. Glenn)