Debt ceiling bill text released and deal struck to avoid default.

1 min read
Source: CNN
Debt ceiling bill text released and deal struck to avoid default.
Photo: CNN
TL;DR Summary

President Joe Biden and House Republicans have agreed in principle to raise the debt limit and cap spending. The bill text has been released, but both parties must convince enough of their members to vote for the deal, which contains provisions that lawmakers on each side of the aisle don’t support.

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