Debt Ceiling

Congressional leaders are likely to rely on more moderate members on both sides of the aisle to approve the agreement.
Both sides can point to some victories in the debt ceiling deal reached between President Joe Biden and House Speaker Kevin McCarthy.
The Democratic president and Republican speaker reached the agreement after the two spoke earlier Saturday evening.
The White House is resisting new limits on food benefits for unemployed adults.
The announcement by Secretary Janet Yellen gives Congress major breathing room as they seek to avert a debt default.
The New York Democrat called on Biden not to negotiate with Republicans as the debt default date draws closer.
As spring gives way to summer, Republicans will transition from fiscal responsibility to tax cuts.
Debt limit negotiators face a central conundrum: Democrats won’t go below current levels, Republicans insist on it.
“The Democrats, they could have lifted the debt ceiling prior to me becoming speaker," McCarthy said. He's not wrong.
Rep. Matt Gaetz used the “h-word,” but Speaker Kevin McCarthy and negotiators also said Democrats should be happy with getting little else out of the talks.