Friday, May 24, 2024
Focus on the big picture

Biden and McCarthy reach U.S. debt-ceiling deal

AP, 28 May 2023
(28 May 2023) U.S. President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation's legal debt ceiling, but now Congress must rush to approve the spending cuts package in a matter of days to avert a potentially disastrous U.S. default. (May 28)

Subscribe for more Breaking News:

You can license this story through AP Archive:
Related Articles