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America's debt ceiling breakthrough: Biden and McCarthy agree 'in principle' to raise $31.4 trillion limit for two years to avoid catastrophic default after months of negotiations, report claims.
America's debt ceiling breakthrough: Biden and McCarthy agree 'in principle' to raise $31.4 trillion limit for two years to avoid catastrophic default after months of negotiations, report claims.
This is great news. I am glad that they came to an agreement.
U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a deal to raise the federal government's $31.4 trillion debt ceiling, ending a months-long stalemate.
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America's debt ceiling breakthrough: Biden and McCarthy agree 'in principle' to raise $31.4 trillion limit for two years to avoid catastrophic default after months of negotiations, report claims.