Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support
- President Biden and House Speaker Kevin McCarthy have negotiated a debt ceiling and budget deal, with the House Rules Committee set to consider the package on Tuesday and a vote expected on Wednesday.
- The package includes spending reductions for the next two years and a suspension of the debt limit into January 2025, but faces objections from both progressive Democrats and conservative Republicans on policy issues such as work requirements for older Americans in the food aid program.
- Wall Street's reaction to the deal, and the response of the Senate as lawmakers try to pass amendments before the Monday deadline to prevent a U.S. Default, remain uncertain.
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Leaning Left33Leaning Right12Center98Last Updated11 months agoBias Distribution69% Center
