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Negotiators edge closer to debt ceiling deal as Yellen extends deadline to 5 June
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Democratic and Republican negotiators struggled on Friday to reach a deal to raise the US government $31.4tn debt ceiling, as a key Republican cited disagreements over work requirements for some benefit programs for low-income Americans. On Friday, the treasury secretary, Janet Yellen, said the US would run out of money to pay its bills by 5 June, a slight extension of her earlier 1 June prediction. Talks had been reported to be close to...
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