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Debt ceiling deal heads to US Senate for approval

2023-06-01 16:04
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
Debt ceiling deal heads to US Senate for approval

The US Senate will move ahead with a vote on a bipartisan deal on Thursday that, if passed, will prevent the world's biggest economy from defaulting on its debt.

The debt ceiling deal passed the House of Representatives by a vote of 314-117, despite a few defections.

It now needs Senate approval...