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Congress races to pass debt ceiling bill ahead of Monday deadline

Por: The Hill Politics May 30, 2023

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The House and Senate this week will have to race to pass a debt ceiling bill to avoid a default after President Biden and Speaker Kevin McCarthy (R-Calif.) struck an agreement in principle over the weekend to increase the borrowing limit. The fast-dash to approve the legislation comes as lawmakers are staring down a Monday deadline, after Treasury Department Secretary Janet Yellen has said the U.S. could run out of cash by that day. at his... + full article



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