Debt ceiling negotiations ongoing as deadline nears.

1 min read
Source: Financial Times
TL;DR Summary

Negotiations over raising the US debt ceiling are progressing as the October 18 deadline approaches, with both Democrats and Republicans working to avoid a government default. The debt ceiling is tied to government funding, which also needs to be addressed before the end of the month. Congress must pass legislation to raise the debt ceiling and fund the government, but the process has been complicated by political disagreements.

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