Senate Passes Debt Limit Bill, Avoiding U.S. Default

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Senate Minority Leader Mitch McConnell speaks while flanked by, U.S.... News PhotoBoundary,Capitol Building - Washington DC,Democracy,Following,Group Of People,Horizontal,John Barrasso,John Cornyn,John Thune,Jon Kyl,Lamar Alexander,Mitch McConnell,People,Politics,Talking,USA,United States Senate,Voting,Washington DCPhotographer Collection: Getty Images News 2011 Getty ImagesWASHINGTON, DC - AUGUST 02: Senate Minority Leader Mitch McConnell (R-KY) (3rd R) speaks while flanked by, U.S. Sen. Lamar Alexander (R-KY) (L), U.S. Sen. John Barrasso (R-WY) (2nd-L), U.S. Sen. Jon Kyl (R-AZ)(3rd-L), U.S. Sen. John Thune (R-SD) (2nd-R) and U.S. Sen John Cornyn (R-TX) (R) following the vote to raise the dept limit at the U.S. Capitol on August 2, 2011 in Washington, DC. Washington, DC. The Senate voted 74-26 to approve the bill to raise the debt ceiling, allowing the U.S. to avoid default on its debts. (Photo by Mark Wilson/Getty Images)