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Published 3 years ago

U.S. Senate's Schumer announces agreement to extend debt ceiling until early December

Summary by Ground News
"Our hope is to get this done as soon as today," Senate Majority Leader Chuck Schumer declares. Wall Street continued to rally on the news. The agreement will allow for raising the debt ceiling by about $480 billion. Congress has just days to act before the Oct. 18 deadline when the Treasury Department has warned it would run short of funds.

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