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US risks defaulting its debts, which could set off ‘cataclysmic’ situation for economy, analysts say

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US risks defaulting its debts, which could set off ‘cataclysmic’ situation for economy, analysts say

WASHINGTON — The fight over raising the nation’s borrowing limit underscores a reality for Democrats as they are in the midst of their highest-stakes moment for President Joe Biden’s sweeping legislative agenda: thrusting a potential default into the mix…

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