Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous US default
By LISA MASCARO, MARY CLARE JALONICK, ZEKE MILLER and KEVIN FREKING Associated Press WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as they raced to strike a deal to limit federal spending and avert a potentially disastrous U.S.
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