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U.S. politicians are arguing again over the debt ceiling. Democrats hope to raise the ceiling unconditionally while Republicans look to cut down government's spending beforehand. The debt ceiling has become a tool of partisan bickering. But if debt default occurs, it will not only devastate the U.S. economy and send ripples through financial markets, but also threaten global economic stability.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466