BREAKING | Senate passes debt ceiling bill just in time before expected default

 

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Senate passes debt ceiling bill just in time before expected default The Senate passed legislation negotiated by President Joe Biden and Speaker Kevin McCarthy (R-CA) to suspend the debt ceiling and set federal spending limits with just enough support to pull the nation back from the brink of economic catastrophe days from Monday’s deadline when the Treasury has said the U.S. will start running short of cash to pay its bills. Read the full story here.

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