Biden Shortens Overseas Trip Due to Debt Ceiling Talks

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Source: Financial Times
TL;DR Summary

President Biden will cut short his overseas trip to attend to the ongoing negotiations in Congress over raising the US debt ceiling. The talks have been inching forward, with Democrats pushing for a standalone bill to raise the limit while Republicans have been resistant. The US Treasury has warned that the country could default on its debt if the ceiling is not raised by October 18.

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