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BIDEN AND MCCARTHY LIKELY TO NOT REACH COMPROMISE REGARDING DEBT CEILING

  • NEWS Desk Global
  • May 17, 2023
  • 1 min read

WASHINGTON, May 16 (Reuters) - Democratic President Joe Biden and top congressional Republican Kevin McCarthy edged closer to a deal to avoid a looming U.S. debt default Tuesday, as the threat of an economic nightmare prompted Biden to cut short an Asia trip this week.

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