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July 31, 2011 11:09 am

Progress On Debt Debate

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WSJ – The White House and congressional leaders are scrambling to agree on a deal to raise the U.S. federal borrowing limit. Negotiators appeared to be making progress toward a deal — the latest in a series of starts and stops for the debt talks. At stake: whether Washington will pay its bills after a looming Aug. 2 deadline. Follow developments in Washington and reaction globally here.

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