Debt Ceiling Deal Reached — Here’s What’s In It And What Comes Next. ByAna Faguy, Former Staff. I cover breaking news. May 28, 2023, 10:40am EDT. Share. Save. This article is more than 2 ...

The tentative agreement to raise the government's current $31.4 trillion borrowing limit was reached over the weekend after several weeks of tense negotiations -- but the drama is far from over.

The president has been racing to reach a budget deal with House Republicans to get their support to raise the debt ceiling before the U.S. runs out of money, which Treasury Secretary Janet Yellen ...

Biden optimistic Democrats will back debt ceiling plan 02:12. Washington — Negotiators for President Biden and Republican congressional leaders on Saturday night reached an 11th-hour agreement ...

What we know about a deal so far. President Joe Biden, House Speaker Kevin McCarthy and their negotiators have reached a tentative agreement to raise the debt ceiling; A source familiar with the ...

The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to those it borrowed from and dole out money for everything from Medicare ...

A tentative "agreement in principle" was reached Saturday night between Democrats and Republicans to raise the nation's debt ceiling, averting a potential U.S. default. President Joe Biden and ...

Washington, D.C. leaders had mixed responses to a deal reached between the House and President Biden regarding raising the debt limit to avoid defaulting on financial obligations.

Tentative deal reached to raise US debt ceiling. Concerns over market liquidity and potential impact on interest rates. Traders await further details and implications of the deal.

Biden-McCarthy deal reached in debt ceiling negotiations. Fox News senior congressional correspondent Chad Pergram shares an 'agreement in principle' has been reached between Democrats and ...

Associated Press Debt-ceiling deal reached in principle by Biden and McCarthy, vote could come early next week “The agreement represents a compromise, which means not everyone gets what they ...

Markets will want to breathe a sigh of relief if lawmakers can reach a deal on the debt ceiling to avoid a default. But markets can’t always get what they want.