Read: Kevin McCarthy releases text of bill to raise debt ceiling limit and avoid default

Read: Kevin McCarthy releases text of bill to raise debt ceiling limit and avoid default

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House Speaker Kevin McCarthy (R-Calif.) released text of the bill to raise the debt ceiling limit until 2025 Sunday evening following his deal with President Biden over the weekend. The big picture: Treasury Secretary Janet Yellen said the U.S. government will hit the debt ceiling and run out of…

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