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House approves bipartisan deal to suspend debt limit, reducing fear of U.S. default

Por: Los Angeles Times Politics June 01, 2023

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The U.S. House of Representatives overwhelmingly approved a deal to suspend the debt limit late Wednesday, reducing the risk of a potentially disastrous default. To eliminate that risk, the Senate must pass the bill and send it to President Biden for his signature before the Treasury runs dry, which could happen as early as Monday. The House approved the deal, which is a product of weeks-long negotiations between President Biden and House... + full article



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