Biden and McCarthy finalize debt-ceiling deal to avoid default.
TL;DR Summary
President Biden and House Speaker Kevin McCarthy are finalizing their agreement to raise the US borrowing limit and curb government spending. The details of the agreement will be released to lawmakers in the House, who may vote on it as soon as Wednesday.
- Biden, McCarthy Work to Put Final Touches on Their Debt-Ceiling Deal The Wall Street Journal
- WH and Speaker McCarthy reach tentative debt ceiling deal, avert default MSNBC
- Biden and McCarthy Reach Debt Ceiling Deal to Avert U.S. Default The New York Times
- Opinion | The debt deal is done. Scrapping the debt limit is long overdue. The Washington Post
- The No Good, Not That Bad Debt Ceiling Deal New York Magazine
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