House Speaker Kevin McCarthy called the deal an ‘agreement in principle.’.
House Speaker Kevin McCarthy called the deal an ‘agreement in principle.’
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White House, GOP House leaders reach tentative debt ceiling deal to avert defaultBreaking: Negotiators for President Biden and Republican congressional leaders on Saturday night reached an 11th-hour agreement in principle to raise the debt ceiling, House Speaker Kevin McCarthy confirmed.
Source: CBSNewYork - 🏆 268. / 63 Read more »
White House and House Republicans strike agreement in principle to raise debt ceiling | CNN PoliticsWhite House and House GOP negotiators are racing to finalize a deal to raise the nation’s debt limit as early as Saturday with time running perilously short and the risk of a first-ever US default growing.
Source: cnnbrk - 🏆 393. / 55 Read more »
Kevin McCarthy’s Thoughts on Other CeilingsLikes: Glass ceilings, the Oval Office ceiling, his frat house’s ceiling. Dislikes: Library ceilings, the student-loan-debt ceiling, any high ceiling.
Source: NewYorker - 🏆 90. / 67 Read more »
White House and GOP Reportedly Nearing Agreement to Raise Debt CeilingSen. Bernie Sanders said late Thursday that cuts to aid programs for vulnerable people should be “off the table” entirely as Republican negotiators and the Biden White House reportedly closed in on a deal that would raise the debt ceiling.
Source: truthout - 🏆 69. / 68 Read more »
House Democrats Are Clearly Not Happy With Joe Biden’s Handling of the Debt Ceiling FightAfter a bitter stalemate over the debt ceiling, Republican negotiators, who are using the risk of economic calamity to extract spending cuts from Democrats, unveiled the contours of a deal with the White House Thursday.
Source: VanityFair - 🏆 391. / 55 Read more »
White House doesn't 'have a plan B' if debt ceiling isn't raised: AdeyemoThe White House does not 'have a plan B' if lawmakers fail to raise the debt ceiling — and Biden will not solve the crisis without Congress, the Deputy Treasury Secretary says
Source: BusinessInsider - 🏆 729. / 51 Read more »