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Congress Raises US Debt Limit

The U.S. Congress has raised the nation's borrowing limit and averted a potential debt default that would have triggered devastating financial consequences. Senate approval came one day after the House of Representatives passed the measure - and less than two weeks before the federal government would have been unable to pay all its bills.   Another fiscal showdown has ended, with Republican lawmakers once again dropping demands for concessions in return for keeping the U.S....

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