Biden, McCarthy reach tentative US debt ceiling deal

Biden, McCarthy reach tentative US debt ceiling deal

After a prolonged showdown, U.S. President Joe Biden and prime congressional Republican Kevin McCarthy introduced on Saturday (May 27) night that they reached a deal “in principle” to lift the federal authorities’s $31.4 trillion debt ceiling and keep away from a looming debt default. Diane To stories.

Source: www.news.com.au