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hello. i m lukwesa burak. within the past couple of hours, president biden and the republican house speaker, kevin mccarthy, have reached an agreement in principle on a new government debt limit, ending weeks of wrangling. mr mccarthy said there would be historic reductions in spending, and no new taxes or government programmes. democrats and republicans have untiljune 05 to reach agreement to prevent the us government running out of money. this is how mr mccarthy announced the breakthrough. after weeks of negotiations we have come to an agreement in principle. we still have a lot of work to do but i believe this is an agreement in principle worthy of the american people. it has historic reductions in spending, consequential reforms that will lift people out of poverty into the workforce, reign in government overreach, no new taxes, no new government programmes, and a lot more within the bill. we still have more work to do tonight to finish all of the writing of it. i do want

Bbc newsGovernment debt limitWhite houseRun off electionDirectorjustine trietCannes film festivalInflation ratePalme d orLukwesa burakJoe bidenKevin mccarthyHouse speakerReach agreementGovernment programmesGovernment overreachGarret graves