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In debt ceiling standoff, COVID era of big spending gives way to new focus on deficit

Por: Los Angeles Times World May 13, 2023

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One outcome is clear as Washington reaches for a budget deal in the debt ceiling standoff: The ambitious COVID-19 era of government spending to cope with the pandemic and rebuild is giving way to a new focus on tailored investments and stemming deficits. President Biden has said recouping unspent COVID-19 money is “on the table” in budget talks with Congress. While the White House has threatened to veto the debt ceiling bill of Republican... + full article



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