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The bar was set low for Kevin McCarthy, a newcomer to the speakership, while Joe Biden is an unpopular president who first refused to talk on lifting the debt ceiling. Also, the fact that they are on opposing sides in Washington's political fight makes their feat all the more remarkable
The bar was set low for Speaker of the House Kevin McCarthy, known more for politicking and fundraising than for policymaking. But, in the end, he delivered a debt-limit agreement that few expected, leaving some of his Republican colleagues feeling deceived
President Joe Biden and House Republicans have reached a deal to raise the government's debt ceiling and avert a devastating default. Here are the key takeaways from the agreement, which still needs to be approved by a divided Congress in a vote on Wednesday
President Biden and House Republicans strike a deal on the debt ceiling, avoiding default. Explore the key takeaways from the agreement and its impact on federal spending and work requirements.