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Biden, McCarthy Come to Initial Debt Ceiling Agreement – Here’s What’s in the Deal

House Speaker Kevin McCarthy and President Joe Biden have reached a deal to raise America’s debt ceiling. The agreement, announced late Saturday, raises the debt ceiling for two years. According to The Hill, the limit was not a set dollar figure but was essentially kicked down the road for two...

House Speaker Kevin McCarthy and President Joe Biden have reached a deal to raise America’s debt ceiling. The agreement, announced late Saturday, raises the debt ceiling for two years. According to The Hill, the limit was not a set dollar figure but was essentially kicked down the road for two…

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