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READ: Debt ceiling bill to avoid default

Por: The Hill Politics May 29, 2023

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Lawmakers have released the much-anticipated legislative text for a bill to raise the country’s debt ceiling to avoid a default by early June. The agreement struck by President Biden and Speaker Kevin McCarthy (R-Calif.) lifts the debt ceiling until 2025 and imposes spending caps on non-defense discretionary spending. Congressional Republicans and Democrats have already panned elements of the agreement with some suggesting opposition to the... + full article



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