hello i m sumi somaskanda. we begin right here in washington dc where democrats and republicans are scrambling to close a deal on raising the federal debt limit. there is still no deal in place but as many lawmakers leave for a holiday weekend, president biden has hinted a deal might be not be too far away. with regards to the debt limit, things are looking good, i m very optimistic. i hope we will have some clearer evidence tonight, before the clock strikes 12, that we have a deal. but it is very close and i am optimistic. so according to the president, we might get the news of a deal in less than an hour. a top republican negotiator, congressman patrick mchenry, was a bit more cautious with his assessment, saying: we are in the window by which we meet thejune five deadline. it s not over, we re not done. but we have to come to some tough terms in these closing hours. earlier on friday, congress got a bit more runway for its negotiations. us treasury secretary janet yell
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