Congress is once again fighting over the nation’s debt ceiling, the legal limit on how much the United States can borrow.
It’s a highly politicised battle that has threatened to paralyze the federal government almost every year for the past decade, with potentially significant long-term consequences for the U.S. economy. Now Republicans want to use it to repeal President Joe Biden’s climate agenda.
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- Source: https://www.carbonnews.co.nz/story.asp?storyID=27538
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