U.S. Senate votes to raise debt ceiling, averting catastrophic default By Reuters
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© Reuters. As Senate Democrats and Republicans tried to come to an agreement to avoid a Washington debt crisis, U.S. October 7, 2021, the U.S. Capitol was seen. REUTERS/Joshua RobertsWASHINGTON (Reuters] – The Senate gave enough support Thursday for legislation that would increase the U.S. borrowing authority to $480 billion, and to avoid catastrophic debt defaults later in the month.
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