Harry Reid On Hiking Debt Limit To $18.794 Trillion: 'We'll Raise It & Re-Elected Obama Thanks Voters

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Harry Reid (D-Nev.) said on Wednesday that if the $16.394 trillion current legal limit on the federal government's debt must be raised in the next few months by another $2.4 trillion, "We'll raise it."

That would set the debt limit at $18.794 trillion.

"But will you support raising it by another $2.4 trillion?"

"If it has to be raised, we'll raise it," he said.