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Blatant brinkmanship or blatant bedwetting?
US political rivals are cautiously optimistic about the chances of raising the $14.3tn (£8.7tn) debt limit by Tuesday and averting possible default.
Republican Senate leader Mitch McConnell said the sides were "very close" to a $3tn deal after talks with Vice-President Joe Biden.
Senior Senate Democrat Richard Durbin spoke of "a more positive feeling".
Republican Senate leader Mitch McConnell said the sides were "very close" to a $3tn deal after talks with Vice-President Joe Biden.
Senior Senate Democrat Richard Durbin spoke of "a more positive feeling".
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