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US House votes to avert default, setting up Senate showdown

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The US House of Representatives votes to raise the federal debt limit, moving the country a step closer to eliminating the threat of a calamitous credit default -- just five days ahead of the deadline set by the Treasury. The deeply divided lower chamber of Congress voted 314 to 117 to suspend the borrowing cap through 2024, and the Senate is expected to follow suit before the end of the week. IMAGES

Added on the 01/06/2023 03:35:30 - Copyright : AFPTV - First images

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