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White House, Republicans Reach Debt Limit Deal to Avoid Catastrophic Default

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Negotiators for the White House and Republicans reached the tentative agreement to avert a default just days before the deadline, according to reports.
Negotiators for Democratic President Joe Biden and Republican House Speaker Kevin McCarthy have reached a tentative deal to raise the United States debt ceiling for two years while also cutting federal spending.
If Democrats and Republicans did not strike a deal and failed to raise the $31.

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