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Obama, Republicans fail to agree on debt ceiling

Last Updated: Friday, October 11, 2013, 09:34

Republicans in the meeting offered to extend the government`s borrowing authority for several weeks.

House Republicans offer to lift debt ceiling through December

Last Updated: Thursday, October 10, 2013, 23:01

Republicans in the House of Representatives on Thursday unveiled a plan that would avert a looming US default, in a sign that lawmakers may end a standoff that has rattled financial markets and thrown America's future creditworthiness into question.