Debt ceiling deal in the works amidst political brinkmanship.

1 min read
Source: Financial Times
TL;DR Summary

The White House and House Republicans are working to finalize a deal on the debt ceiling, which would allow the US government to continue borrowing money to pay its bills. The negotiations come as the deadline to raise the debt limit approaches, with Treasury Secretary Janet Yellen warning that the US could run out of cash by October.

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