AP source Biden McCarthy reach agreement in principle to raise debt ceiling as default looms

AP source Biden McCarthy reach agreement in principle to raise debt ceiling as default looms

WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline, a person familiar with the situation said. A…Read More

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