Reuters

(Reuters)

Lawmakers to Continue Debt Talks Monday

Politics Reuters

President Barack Obama and a bipartisan group of congressional leaders will meet on Monday to continue working on a deal to avert a looming U.S. debt default, aides said on Sunday.

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Obama and Republican and Democratic leaders met for roughly an hour and a half on Sunday in a bid to break an impasse on deficit reduction talks to allow Congress to raise the $14.3 trillion debt ceiling before the country runs out of money to cover its bills on Aug. 2.

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