Debt-Ceiling Deal Progresses Amid Republican Revolt and Recession Fears

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Source: The Wall Street Journal
Debt-Ceiling Deal Progresses Amid Republican Revolt and Recession Fears
Photo: The Wall Street Journal
TL;DR Summary

Negotiations to raise the US debt ceiling and avoid a default continued on Saturday, with President Biden and House Republicans indicating that a deal was close but some sticking points remained. The US national debt currently stands at $31.4tn.

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