President Biden and House Speaker Kevin McCarthy announced a deal to increase the government debt limit so the U.S. can avoid a default and economic turmoil.
to increase the government’s debt limit, enabling the nation to avoid a debt default and economic turmoil.
McCarthy successfully clawed back $20 billion of this money gradually, repurposing much of the funds to non-defense discretionary spending. , it forbids his administration from unilaterally suspending student loan payments after the end of August. Biden has repeatedly extended this suspension and last August, announced the limited cancellation program. This executive order quickly faced legal challenges, notably from the right.
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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…
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Biden, McCarthy strike tentative deal to raise debt limit dealSpeaker Kevin McCarthy and President Biden struck a tentative deal on Saturday to raise the debt limit in exchange for cutting spending.
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Biden and McCarthy reach last-minute deal to raise U.S. debt limitPresident Biden and House Speaker Kevin McCarthy strike an 'agreement in principle' on Saturday to raise the federal government's borrowing limit and cut some spending.
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Biden, McCarthy reach debt limit agreement, per reportsPresident Joe Biden has reportedly struck a deal with House Speaker Kevin McCarthy to avoid plunging the United States into default.
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Biden, McCarthy reach debt limit agreement 'in principle'President Joe Biden and House Speaker Kevin McCarthy have come to an agreement to extend the debt ceiling, the Associated Press reported Saturday night, citing a source.
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McCarthy and Biden reach agreement in principle on debt limitNow they have to get it to President Joe Biden’s desk in time.
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