Democrats are warning of financial ruin and economic chaos because Republicans are seeking spending cuts as part of a debt ceiling increase later this year. Read Morefefb852e-faf0-532c-af40-2b03b3fe23cd, fox-news/politics/defense/spending, fox-news/person/joe-biden, fox-news/person/chuck-schumer, fox-news/politics/house-of-representatives/democrats, fnc, fox-news/politics, article, Fox News, Peter Kasperowicz