Debt deal faces tough battle in Congress with skepticism from both sides.

President Biden and House Speaker Kevin McCarthy have reached a bipartisan agreement to suspend the debt ceiling in exchange for caps on federal spending. However, lawmakers have just a few short days to get it through both chambers of a factionalized and deeply divided Congress. Liberals and staunch conservatives have already criticized the compromise, posing significant hurdles that House GOP and Democratic leaders must overcome as they assess whether they have enough votes to pass a bipartisan bill to avert a historic default by June 5. The lack of legislative text has left much up to interpretation for both parties, presenting the imminent challenge that leaders and key allies will need to work to overcome.