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Tag: Presidency of Barack Obama

US debt deal heads to vote despite hard-line conservative revolt – BBC News

If a majority of legislators in the chamber approve, the bill will move on to the US Senate. After months of negotiations, President Joe Biden and Republican Speaker of the House Kevin McCarthy finally reached a deal to raise the amount of money the US can borrow, avoid a default on the national debt, and limit federal spending for the next two years. Please subscribe…

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