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Congress close to deal before breaking for holiday, reports say

2023-05-26 10:19
Negotiators are said to be nearing a possible deal to cut spending for two years, US media reports.
Congress close to deal before breaking for holiday, reports say

US President Joe Biden and top Republican Kevin McCarthy appear to be inching closer to a deal over the US debt ceiling, even as Congress breaks up for a holiday weekend.

A tentative deal would increase the ceiling for two years, capping federal spending except for the military and veterans, US...

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