求翻译：The problem, from McConnell's perspective, is that so many of his fellow Republicans insisted they would not vote to raise the debt limit, currently $14.3 trillion (nearly the size of the entire economy), without corresponding spending cuts. With Obama demanding tax hikes, which Republicans have sworn to oppose, they realized they were losing a game of chicken in which onrushing headlights were replaced by a fast-approaching deadline of August 2, when federal borrowing is expected to hit the limit.是什么意思？

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