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WASHINGTON – A partisan fight to raise the government’s borrowing limit is set to rise this week, with Democrats pushing ahead with a vote in the face of strident GOP opposition, raising doubts as to whether Congress will take action before the federal government runs out of money. .
The deadlock has alarmed Wall Street analysts and business leaders, who in recent weeks have issued warnings of a growing risk of technical default, in which the government may not be able to make all of its regular payments. in full and on time. The threat of such a default could derail the markets and hurt US economic growth.
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