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Washington Week: Time Running Out to End US Fiscal Impasse

The coming week will likely determine whether the United States defaults on its $16 trillion national debt, as a federal shutdown nears a third week. Lawmakers are mounting final efforts to avoid financial calamity and restart government operations after a flurry of proposals from both houses of Congress failed to attract bipartisan support. Fiscal talks broke down Saturday between Republican leaders of the House of Representatives and the White House.  In the Senate, meanwhile, ...

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