Debt limit negotiators appear to be closing in on deal, sources say

Sources tell CBS News that Republican lawmakers and White House negotiators are getting very close to a deal to raise the nation’s borrowing limit. There are still some issues to work out, but they appear to be closing in on a set of terms that would stave off the risk of default and avoid another showdown for about two years. CBS News chief White House correspondent Nancy Cordes has more.

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