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Debt negotiations hit a snag as the country gets closer to a possible default

By May 20, 2023 Add Comment Edit
Speaker of the House Kevin McCarthy, R-Calif., talks to reporters at the U.S. Capitol on Wednesday. Negotiations between his team and the White House over the debt ceiling broke down on Friday.

Negotiators between the White House and House Speaker Kevin McCarthy's team paused talks on Friday. There's a little more than a week before the country runs out of money to pay its bills.

(Image credit: Kevin Dietsch/Getty Images)


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