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President Biden, Kevin McCarthy to meet on debt ceiling this week

Por: New York Daily News Politics January 30, 2023

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House Speaker Kevin McCarthy and President Biden are set to meet this week to discuss raising the debt ceiling, a move required for the U.S. to keep paying its bills. The federal government reached its self-imposed limit on borrowing funds last week. While the Treasury Department has since deployed an array of financial tricks to keep the government running, Congress must vote to increase the debt ceiling or risk defaulting on its debt. Hardcore... + full article



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