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Debt Ceiling Latest; Saudi Oil Warning

Bloomberg Daybreak: US Edition

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McCarthy and Biden's Budgetary Framework

The White House has brought up increased revenues closing tax loopholes and the Republicans have been pushing back against that. The core of it really is a conversation about limiting spending, deciding how much they want to cut from discretionary spending in the next year. A lot of things could fall into place if they agree on that. It's basically that they need to agree on a budgetary framework.

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