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U.S. Senators are deciding how they'll vote on a deal to raise the debt ceiling, after the U.S. House of Representatives passed the first piece of a plan to avoid a default Tuesday night. Leaders in both parties are projecting…
By Lisa Desjardins, Saher Khan
Congress approved a $480 billion increase in the nation’s debt limit in October. That’s enough for the Treasury to finance the government’s operations through Dec. 15, according to Treasury Secretary Janet Yellen's projection.
By Kevin Freking, Lisa Mascaro, Associated Press
In our news wrap Tuesday, China warned that the U.S. will "pay the price" for a diplomatic boycott of the Beijing Winter Olympics. French authorities have reportedly arrested one of the suspected killers of Saudi Arabian journalist Jamal Khashoggi. The…
The clock has been ticking on the next potential fiscal crisis for the U.S. Government. The nation’s debt ceiling could be reached as soon as next week, and the government might not have the funds to pay its bill. But…
By Lisa Desjardins
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