US debt ceiling: Democrats and Republicans agree deal in principle, Joe Biden says

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In a statement, President Biden described the agreement as a compromise which was good for the country “because it prevents what could have been a catastrophic default and would have led to an economic recession, retirement accounts devastated, and millions of jobs lost”.

https://www.bbc.co.uk/news/world-us-canada-65736734?at_medium=RSS&at_campaign=KARANGA,

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