Biden and McCarthy reach final deal on debt ceiling
President Joe Biden removes his sunglasses as he walks to speak with reporters after returning to the White House in Washington, Sunday, May 28, 2023. Biden and House Speaker Kevin McCarthy came to an "agreement in principle" on the debt limit Saturday that would avert a potentially disastrous U.S. default, but still has to pass both houses of Congress. (AP Photo/Manuel Balce Ceneta)
| May 28, 2023 5:00 PM
WASHINGTON (AP) — With days to spare before a potential first-ever government default, 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 support in Congress to pass the measure in the coming week....
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