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Tentative deal to raise debt ceiling reached as default deadline looms

Por: Fox Business Business May 28, 2023

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PIMCO managing director and head of public policy Libby Cantrill discusses ongoing debt talks which she predicts will last until the ‘eleventh hour.’ A tentative agreement in principle was reached Saturday night between Democrats and Republicans to raise the nation's debt ceiling, averting a potential U.S. default. reached the agreement after the two spoke earlier Saturday evening by phone.Concessions were made with negotiators agreeing... + full article



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