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US Fiscal Deal Leaves Major Budget Challenges Unaddressed

The bipartisan agreement to reopen the U.S. government and avoid a debt default removes the immediate threat of financial calamity, but leaves America’s long-term fiscal challenges unaddressed. Lawmakers of both parties are acknowledging that major battles on spending, taxation, and government reforms lie ahead. First the good news: the United States appears to have dodged a bullet to the nation’s economic heart. But the reprieve will be temporary. Democratic Senator Mark Warner noted ...

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