America is inching closer to default after the latest effort to reach agreement on raising the debt ceiling failed.
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The White House has rejected a new plan by Republican House leaders to avoid a disastrous debt default – calling it a "ransom" demand.
The US must raise its 16.7 trillion dollar debt limit by midnight tonight or risk defaulting on payments.
Republicans and Democrats have been accused of playing politics – as the country is in its third week of shutdown.
