For more:
https://news.cgtn.com/news/2023-05-28/Biden-McCarthy-reach-agreement-in-principle-in-debt-ceiling-talks-1kaP3d5jPbO/index.html

U.S. President Joe Biden and Republican lawmakers reached an "agreement in principle" on Saturday to raise the country's debt ceiling, marking a crucial first step towards eliminating the threat of a disastrous default with just days to spare.

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