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U.S. saved itself?

Politics


With 269 for and 161 against, the U.S. House of Representatives approved the deal to raise the maximum limit of the country's foreign debt and reduce budgetary expenditures.

The White House reports that the deal will allow the country to avoid talks on the maximum limit of the foreign debt until 2013, that is, after the upcoming presidential elections and Congress elections.

The deal will give the United States the opportunity to continue making transfers to fulfill the debt obligations, but it envisages reducing government expenditures by nearly 1 trillion in the next ten years.