WASHINGTON — President Joe Biden and House Speaker Kevin McCarthy have
While many details about the deal are unknown, both sides will be able to point to some victories. But some conservatives expressed early concerns that the compromise does not cut future deficits enough, while Democrats have been worried about proposed changes to work requirements in programs such as food stamps.TWO-YEAR DEBT INCREASE, SPENDING LIMITS
Democrats had roundly criticized the proposed changes, saying they would lead to fewer people able to afford food or health care without actually increasing job participation.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Debt Ceiling Bill Will End Student Debt Pause Within 60 Days, McCarthy SaysSpeaker of the House Kevin McCarthy said the bill would end the pause on federal student debt payments 60 days after the bill was passed, accelerating the June 30 window for the pause to end.
Source: thedailybeast - 🏆 307. / 63 Read more »
President Biden, House Speaker Kevin McCarthy strike tentative debt ceiling dealPresident Biden and House Speaker Kevin McCarthy have struck a tentative deal to raise the debt ceiling on Saturday night, sources close to the talks have said. The deal to raise the government&82…
Source: nypost - 🏆 91. / 67 Read more »
Absent landlord: Biden questioned for skipping town as debt ceiling deadline inches closerPresident JoeBiden is out of town again as debt ceiling talks enter their final days. Biden returned from a trip to Japan last Sunday and spent just four full days in Washington before departing for Camp David on Friday afternoon.
Source: dcexaminer - 🏆 6. / 94 Read more »
White House And Republicans Reach Agreement In Principle To Raise Debt Ceiling And Avert DefaultThe White House and House Republicans reached an agreement in principle on Saturday to raise the debt ceiling and avert a default. House Speaker Kevin McCarthy said that after speaking with Preside…
Source: DEADLINE - 🏆 109. / 63 Read more »
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 »
Deal reached 'in principle' to avert US defaulting on $31.4 trillion debtPresident Biden and top congressional Republican McCarthy reach tentative deal to raise US government's $31.4 trillion debt ceiling, ending months-long stalemate, local media report
Source: trtworld - 🏆 101. / 63 Read more »