Biden, McCarthy finalize deal to raise U.S. debt limit and avoid default

By The Associated Press

Biden Debt Limit

With days to spare before a potential first-ever government default, U.S. President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on a deal to raise the nation’s debt ceiling and worked to ensure enough Republican and Democratic votes to pass the measure in the coming week.

Source: Biden, McCarthy finalize deal to raise U.S. debt limit and avoid default

Category: News/World