Debt-ceiling deal reached by Biden and McCarthy, but challenges remain.

1 min read
Source: The Wall Street Journal
Debt-ceiling deal reached by Biden and McCarthy, but challenges remain.
Photo: The Wall Street Journal
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President Biden and House Speaker Kevin McCarthy are gaining bipartisan support to suspend the debt limit, but procedural chokepoints could still complicate the race to avoid default. Dissent has been confined to the progressive and conservative wings of their parties.

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