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US Congress votes to raise debt ceiling

Both houses of the US Congress have passed a bill to increase the US debt ceiling, with no additional debt ceiling increases expected to be needed until 2015.

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Read more: US Congress votesAUDDemocratPresident Barack ObamaUSD 0.80White HouseEconomicsFebruaryGOP Senator Ted CruzGOP tacticsIMF meanwhileRepresentatives 221RepublicansSenate 67Speaker John BoehnerTea PartyUS centsUS Treasury Secretary Jack Lew