Deal 'close' on US debt limit

Congress and the White House are very close to a deal on raising the limit on US borrowing that would avert an unprecedented default on America’s debt, the top Republican in the Senate said today.

Deal 'close' on US debt limit

Congress and the White House are very close to a deal on raising the limit on US borrowing that would avert an unprecedented default on America’s debt, the top Republican in the Senate said today.

Senate Majority Leader Mitchell McConnell said he was nearing a recommendation of the tentative agreement to Republicans in the upper chamber.

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