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The Guardian - UK
The Guardian - UK
World
Vivian Ho

First Thing: Bill to raise debt ceiling passes days before default

House speaker Kevin McCarthy speaks to the press in the Capitol building
House speaker Kevin McCarthy speaks to the press in the Capitol building on Wednesday. Photograph: Xinhua/Shutterstock

Good morning.

The House passed a bill yesterday to raise the debt ceiling until January 2025, clearing a major legislative hurdle with just days left before the US was expected to default.

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