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HomeVideoNews Wrap: Data shows U.S. economy shrank in the second quarter

News Wrap: Data shows U.S. economy shrank in the second quarter

In our news wrap Thursday, revised government data confirmed the U.S. economy shrank in the second quarter, U.K. Prime Minister Liz Truss defended her economic plan that includes billions in tax cuts for high earners without offsetting spending reductions and six Republican-led states sued over President Biden’s student loan forgiveness plan saying the administration overstepped its authority.

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