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"Progress" seen in debt limit negotiations

We're just a week away from the June 1 deadline when Treasury Secretary Janet Yellen says the U.S. could begin defaulting if the debt ceiling isn't raised. Both sides say negotiations Wednesday remained "productive," but there is still no deal, with the House set to begin a week-long Memorial Day recess. CBS News chief White House correspondent Nancy Cordes has more.
May 25, 2023 (05:12)
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