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Page last updated at 07:31 GMT, Tuesday, 26 July 2011 08:31 UK

'Political warfare' threatens US economy

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The US has a legal limit on its debt that will be reached in one week, but Republicans are refusing to raise the limit.

North America editor Mark Mardell reports on the economy "held captive" in Washington.

And Congressman James Lankford looks at "solving the long term problem".


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