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Biden says Republicans holding US economy 'hostage'
Biden says Republicans holding US economy 'hostage'
Business and Economy
by  AFP

President Joe Biden accused Republicans on Friday of holding the US economy "hostage" by refusing to pass a debt limit increase unless he first agrees to "draconian" budget cuts. "They're trying to hold the debt hostage to (get) us to agree to some draconian cuts," Biden said at a White House meeting on the economy.