U.S. Debt-Limit Agreement, Political Compromise

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Aug. 1 (Bloomberg) -- U.S. Representative Raul Grijalva, an Arizona Democrat, talks about today's planned House vote on a compromise to raise the U.S. debt limit by at least $2.1 trillion and slash federal spending by $2.4 trillion or more. Grijalva speaks with Peter Cook on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)

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