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Moody's has put the United States' credit rating on review for possible downgrade, citing what it says is a rising possibility that Congress won't raise debt ceiling in time.
The administration of U.S. President Barack Obama says the country needs to raise its $14.3 trillion debt ceiling by August 2 to avoid a partial default. The White House and congressional leaders are trying to negotiate a deal that would raise the ceiling.

Via: This Just In