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HomeFinanceDebt-ceiling deal: Here's what's next as it passes key hurdle in Congress

Debt-ceiling deal: Here’s what’s next as it passes key hurdle in Congress


While President Joe Biden and House Speaker Kevin McCarthy reached a debt-ceiling deal over the holiday weekend, that doesn’t mean it’s now all smooth sailing.

Congress still must give its OK, starting with the Republican-run House of Representatives. Here’s what’s next, as the Treasury Department has called for action by this coming Monday in order to avoid a market-shaking default.

House…



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