House Republicans Agree to Tentative Debt Ceiling Deal: Averting Default?

Ver más House Republicans reached a tentative deal with the White House to address the nation's debt ceiling and avoid a default. Speaker Kevin McCarthy announced the agreement, marking a crucial step to prevent economic catastrophe. The deal, reached after intense negotiations between President Biden and House Speaker Kevin McCarthy, promises to extend the debt ceiling and avert a potentially catastrophic default, as reported late Saturday night. WASHINGTONKey negotiators struck an agreement in principle Saturday night to extend the debt ceiling and avert a catastrophic default, just days before the deadline.

WASHINGTON (AP)President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation's legal debt ceiling late Saturday. This follows weeks of tense negotiations and brinkmanship, raising concerns about the stability of the US economy.

While details of the agreement are still emerging, the tentative deal aims to address the debt ceiling crisis and ensure the nation can meet its financial obligations. WashingtonNegotiators for President Biden and Republican congressional leaders on Saturday night reached an 11th-hour agreement in principle to raise the.

In other news, unrelated to the debt ceiling, an unexpected turn in a separate legal case saw Fani Willis, who had not been expected to take the stand, holds up court papers and shouts it is a lie. This event is separate from the ongoing debt ceiling discussions.

This page will be updated with more information on the debt ceiling deal as it becomes available. Stay tuned for the latest developments and analysis.