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Senate agree US debt bill

The US Senate has passed a bill to raise the debt ceiling and avoid a potential default. It will now be sent to the House of Representatives for a final vote. President Obama has said he will sign the bill "immediately" after the House vote.

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'Tremendous progress' towards US debt limit

Harry Reid has been a key player in the negotiating of the debt limit in the Senate. Credit: Reuters

US Senate Majority Leader Harry Reid has said there has been "tremendous progress" towards the debt limit and a government funding deal.

Senate Republican Leader Mitch McConnell echoed this progress, but Reid made it clear they "are not there yet".

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