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01/23/2013 07:31 PM

Capital Tonight: Lawmakers draw straws for terms

Lawmakers in the U.S. House passed a bill that would temporarily raise the debt ceiling. Republicans say it will eventually help reign in spending, while Democrats say it's President Obama's second big fiscal win this month.

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Meanwhile, in Austin, school finance and water woes remain top priorities this legislative session, but a quick compromise isn't likely.

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Our political strategists, Republican Ted Delisi and Democrat Harold Cook, weigh in on the pick for term lengths, and what it means for some of the unlucky senators who got stuck with just a two-year term.

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