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June 2, 2023
Debt Ceiling Compromise Passed Days Before National Default Deadline
Congress passed compromise legislation this week to suspend the debt ceiling for two years and restrain government spending, sending it to President Biden for his signature and calming world financial markets days before a US government default. Also in this issue of Roundtable Weekly -- Bipartisan Legislation Reintroduced to Allow Greater REIT Equity Investments in Distressed Retail Tenants.
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