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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit – Economics Bitcoin News

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations.

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