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The New Daily
The New Daily
World
The New Daily and AAP

US House approves debt ceiling bill to avoid default

Joe Biden Bernie Sanders Chuck Schumer Kevin McCarthy
The US House of Representatives has voted to pass Speaker Kevin McCarthy's debt ceiling deal. Photo: AAP

American lawmakers racing to avoid a catastrophic default have voted to pass a bill that will enable the federal government to borrow more money.

Both sides of politics overwhelmingly passed the measure to suspend the federal government’s $US31.4 trillion ($41.4 trillion) debt ceiling until January 2025.

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