Biden and GOP reach debtceiling deal Now Congress must approve it to prevent calamitous default

Biden and GOP reach debtceiling deal Now Congress must approve it to prevent calamitous default

WASHINGTON — An ”agreement in principle” between President Joe Biden and House Speaker Kevin McCarthy would raise the nation’s legal debt ceiling, but now Congress has only days to approve a package that includes spending cuts and would avert a potentially disastrous U.S. default. The compromise announced late Saturday risks…Read More

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