[CL-280] truncate overflow text in bit-item

[willmartian]

Type of change

- [x] Bug fix
- [ ] New feature development
- [ ] Tech debt (refactoring, code cleanup, dependency upgrades, etc)
- [ ] Build/deploy pipeline (DevOps)
- [ ] Other

Objective

Overflow text in the default and secondary slots of bit-item should be truncated.

Code changes

• file.ext: Description of what was changed and why

Screenshots

See "Text Overflow" story changes

Before you submit

• Please add unit tests where it makes sense to do so (encouraged but not required)
• If this change requires a documentation update - notify the documentation team
• If this change has particular deployment requirements - notify the DevOps team
• Ensure that all UI additions follow WCAG AA requirements

[codecov]

Codecov Report

All modified and coverable lines are covered by tests ✅

Project coverage is 27.73%. Comparing base (b4631b0) to head (c709563).
Report is 32 commits behind head on main.

Additional details and impacted files

@@           Coverage Diff           @@
##             main    #8992   +/-   ##
=======================================
  Coverage   27.73%   27.73%           
=======================================
  Files        2405     2405           
  Lines       69596    69596           
  Branches    12954    12954           
=======================================
  Hits        19302    19302           
  Misses      48806    48806           
  Partials     1488     1488           

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[github-actions]

Checkmarx One – Scan Summary & Details – eb8b86c0-706d-467a-98e2-4f42fad37b7e

No New Or Fixed Issues Found